Finance for Oil and Gas Equipment
Find the funds you need to for the equipment you need for your oil and gas operations
- Spread costs over 6-60 months
- Rates from 6%
- We can often undercut ’0%’ deals from equipment suppliers
- Balloon payment options - reduce monthly outgoings
- No capital requirement
- Acquire any type of equipment
- No upfront capital costs
- Helps you update machinery as you need to
Large scale funding
- Raising funds with a commercial mortgage 2% above base rate
- Secured lending
- ‘Jigsaw’ funding
- Asset refinance - letting you use existing investments again
Talk to Rangewell – the business finance expertsFinding lenders who can help you fund the equipment you need in the oil and gas business can be difficult because of the sums involved. We cover the entire lending market, and our expertise and contacts let us help you find the most competitive funding for your needs.
The petroleum industry is fiercely competitive. Whether you are working upstream, midstream and downstream, success depends on having the right equipment. Securing the right equipment can depend on having access to the right kind of finance.
WHAT WE CAN DO
Find finance to allow a seismic exploration specialist acquire a suitable vehicles
Source lease agreements for a business pioneering a new remote process monitoring solution
Set up HP for handling equipment for a business bidding for a decommissioning contract
Find the most competitive funding arrangement to set up pump overhauling service
Find funding for handling equipment that undercuts the 0% deals offered by dealers
What oil and gas business say about finding finance with Rangewell
Helping you build your profits
Tailored to your businessWe can help set up funding to fit your business. Asset Finance and other types of lending can be tailored for different funding needs.
Spread the cost of equipmentYou can spread equipment costs over months or years. You may not even need a deposit.
Work with the latest equipmentYou can always work with the latest and most efficient machines.
Fixed cost of ownershipLeasing can avoid the maintenance costs associated with large machinery, giving you predictable costs.
Avoid depreciationWith a lease you avoid depreciation costs.. You don’t own equipment that is falling in value.
Low fixed monthly paymentsYou need to keep your monthly outgoings under control. We can help you match payments to your budget.
Download Rangewell’s free and detailed guide to Finance for Oil and Gas Equipment
How you can work with equipment you can’t afford to buy
What are the types of finance - which is right for you?
How to find the right provider - why they are not all the same
Are there downsides to finance?
How to arrange Asset Finance
What paperwork do you need?
Key terms explained
Getting the right funding is essentialGetting the most appropriate type of finance for your particular needs is essential to keep costs under control.
The costs of Asset FinanceInvesting in new machinery with asset finance will mean repaying from month one. Turnover may not increase immediately, which may leave you with a cashflow issue.
Long term financial commitmentYou may not be able to pull out of a finance arrangement once it has been set up.
Our service is...
ImpartialTransparent and independent, treating all lenders equally, finding the best deals.
In-depthEvery type of finance for every type of business from the entire market - over 300 lenders.
In-personSpecialist Finance Experts support you every step of the way.
FreeWe make no charge of any kind when we help you find the loan you need.