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

Buckeye Partners' Puerto Rico Oil Terminal Still Closed after Maria
Buckeye did not say if the tanks at the 4.6-million-barrel terminal were damaged by Hurricane Maria.

EPA Extends Enforcement Discretion for Harvey-hit Fuel Storage Facilities
Similarly, EPA extended enforcement discretion for certain air pollutants from gasoline storage tanks during so-called roof landings.

Fault at Israel's Tamar Gas Field Prompts Use of Dirtier Fuels
A fault in the supply of natural gas from Israel's only commercial field has forced Energy Minister Yuval Steinitz to authorize the use of alternative fuel sources to produce electricity.

US Not Ruling Out Possible Oil Embargo on Venezuela -Haley
"There's a lot of support in Latin America to see Venezuela start to respect its people and go back to the democracy it's supposed to be," said UN Ambassador Nikki Haley.

US Oil Drillers Cut Rigs for 3rd Week in a Row -Baker Hughes
Drillers cut five oil rigs in the week to Sept. 22, bringing the total count down to 744.

Silicon Meets Steel as Pipeline Operators Try Fiber-Optics
They're piloting a system that can pinpoint leaks and other disturbances down to the centimeter.

Oil Treads Water With OPEC's Silence on Supply-Cut Extension
Oil rose slightly after an OPEC gathering concluded with no decision on an extension or deepening of supply cuts.

Sri Lanka in Talks with Two Chinese Firms for $3 Bln Refinery
Sri Lanka wants to build a new refinery in its southern Hambantota port.

Europe Diesel Exports Hit Record as Harvey Redraws Trade
Traders expect the European exports to continue for several more weeks.

Phillips 66 Partners To Buy Bakken Assets From Phillips 66
Phillips 66 Partners LP says it would buy pipeline and other assets from parent Phillips 66 in a $2.4B deal.





















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