NEWS / BLOG

FUEL TRADER AND SUPPLIER

1-20-2016

Client/Industry:
A global wholesale distributor of petroleum and petroleum products and active bunker fuel trader in the Americas, West Africa, Europe and Asia.

Situation:
The Company’s lender was not providing sufficient working capital and with the fluctuations and uncertainty of the oil industry, they were looking for a new lending partner.

TFS Solution:
A $10 million asset-based lending facility that will support seasonal requirements and enable the Company to take advantage of growth opportunities.

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