Need finance for oil and gas industry
Need finance for the oil and gas industry! No need to go anywhere. Equify Financial is available to help you. Upstream Oil and gas uses less limited recourse and non-recourse finance than other infrastructure-intensive sectors such as power and utilities. Upstream oil and gas has a lot of potential, but it's not always easy to fund. This is because financiers want stability, and future revenue streams for oil and gas projects are often less stable and predictable than for huge infrastructure or utility projects, which may have regulated or inflation-linked returns. Projects in the oil and gas business can confront significant logistical, infrastructure, and societal challenges, and the industry's track record of executing projects on time and on budget is not always favorable. Lenders are concerned about the soundness of the security package and the realities of enforcing it, as investing in a partially built project is rarely, if ever, appealing. Banks provide the majority of capital in project financing arrangements, but increased pressure on banks to maintain their capital ratios may limit their willingness and capacity to offer the long-term funding needed to build oil and gas projects. As a result, we play a role in facilitating such transactions and are growing more flexible and eager to collaborate with commercial banks.
For more updates:- https://www.equifyfinancial.com/industries/oil-gas
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