Lines of credit for Oil & Gas
and all other commercial endeavors


Pacific National Capital provides corporate lending solutions including secured and unsecured commercial lines of credit, large credit facilities, revolving lines of credit, bridge facilities, asset based facilities and factoring financing, for oil and gas companies and many other commercial industries.

Our commercial business lines of credit will give your business access to funds when you need it, up to a pre-specified amount. The main advantage of a commercial business line of credit is flexibility. Funds are always available when you need them and you pay no interest until you draw on the line which makes it great for emergencies. The line can be secured or unsecured, with multiple repayment options and loan amounts starting from $5 million with no upper limit. For large credit facilities in the hundreds of millions we can structure club or syndicated credit facilities with no upper limit.

Commercial Lines of Credit are great for a variety of ongoing or short-term financing needs, such as improving cash flow, acquiring working capital, purchasing inventory, real estate, materials, or equipment, and financing accounts receivable.




Pacific National Capital 's Daily Oil & Gas News

Light Crude Settles Above $40
Oil closed at its highest level in almost four months.

Analysts Expect Refinery Closures
The global refining industry is entering a consolidation phase, according to Goldman Sachs Group Inc.

Two Die in South Africa Refinery Blast
A unit of Glencore Plc said two people died in an explosion and a fire at its oil refinery in Cape Town.

Filing Shows ExxonMobil Loss
Exxon Mobil Corp. incurred an unprecedented second straight quarterly loss.

Yemen Rebels Send Repair Team to Stricken Tanker
Yemen's Houthi rebels say they've sent a maintenance team to repair an aging oil tanker laden with more than 1 million barrels.

API Welcomes USMCA Implementation
The American Petroleum Institute has welcomed the implementation of the U.S.-Mexico-Canada Agreement.

US Crude Inventories Drop 7+ Million Barrels
U.S. commercial crude oil inventories decreased by 7.2 million barrels from June 19 to June 26, according to the latest weekly petroleum data from the EIA.

Oil Up as Stockpile Draw Offsets Virus Fear
Oil rose for a second day as a bigger-than-expected draw in American crude stockpiles and plunging output from OPEC producers outweighed nervousness about a coronavirus resurgence in the U.S.

Oil Search Cuts 34 Percent of Staff
Oil Search has slashed its staff count by 34 percent since March.

Appalachia on Cusp of Energy Renaissance
Appalachia is on the cusp of an energy and petrochemical renaissance, according to a new report released by the U.S. Department of Energy.