Cambio Merchant Capital is pleased to announce the financing of an asset based financing for a Northern BC based oil field services company.

“We are finding the service sector in Northern BC to be very busy. The problem is that many financial institutions remain over-exposed in the oil and gas sector, and as a result are still being quite cautious,” commented Scott Larson, Director Corporate Finance. “We have been able to maintain, and actually grow our relationships within the financial markets. Leveraging those relationships is crucial when investors have far more deals to look at then they have capital available. Maintaining close access to numerous types of capital is just one of the many benefits that Cambio provides its’ clients.”

“One of the things that Cambio is very good at is putting together enough information for lenders to be able to make an easy decision about whether they’d like to proceed or not,” explains Brent Buhler, Director Business Development. “Our clients hire us because they realize that their time is better spent managing and growing their business then looking for capital.”

Terms and conditions of the financing were not disclosed.

For more information or to find out if Cambio can assist your company, please contact Brent Buhler, Managing Director Business Development at 403.615.4465 or brent@cambiocapital.com.

Cambio Merchant Capital is a boutique investment bank that works with small to medium companies through a capital transaction. Typical financings are growth capital, shareholder or management buyouts, refinancing, mergers and acquisitions, or real estate development.