Manufacturing & Industrial Loansin New Orleans

Manufacturing & Industrial Loans for New Orleans businesses

Oilfield services financing in Central Louisiana runs on a different cycle than the rest of small business lending - rig count drives revenue, and revenue drives lender appetite. When rig count is up, lenders are aggressive; when it's down, even profitable service operators face tighter terms. Drawbridge Lending structures financing with that cycle in mind.

The dominant products are equipment financing (rolling stock, pumps, trailers, with the gear as collateral), AR factoring or AR financing (to bridge the 60-90 day E&P payment cycle that strangles weekly payroll), and working capital lines for slow quarters. SBA 7(a) can fit acquisitions and partner buy-outs for established service companies with three years of clean financials. Drawbridge Lending pre-screens by basin exposure, customer concentration and asset base.

Every Drawbridge Lending application runs through Louisiana-licensed lending partners -- one soft credit pull, side-by-side offers, no fee until close.

Other industry programs

• 01

  Trucking Business Loans

  Owner-operators to mid-size fleets
• 02

  Restaurant Loans

  Fit-out, expansion and equipment
• 03

  Medical Practice Loans

  Clinics, physician groups & specialty
• 04

  Dental Practice Loans

  Equipment, expansion & acquisition
• 05

  Construction Business Loans

  Ground-up, renovation and equipment
• 06

  Hotel Loans

  Acquisition, PIP renovation & refinance