Commercial finance provider GE Capital
yesterday became the sole lender on a £70m asset-based lending
facility for Energy Alloys LLC, to support the company’s growth and
working capital needs.

Based in Houston, Texas and Rotherham in the
UK, Energy Alloys provides oil field metals and equipment to global
oil and gas manufacturers and service companies. It has domestic
operations in the UK and international operations in the US, the
United Arab Emirates, Canada, Mexico, South Korea and

Energy Alloys chief financial officer Paul
Patek said: “By considering both our domestic and international
assets, GE Capital provided us with optimal borrowing capacity that
more than meets our needs.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.