The provision of short-term financing for working capital purposes, this loan to the company would be collateralized by a security interest in a company’s accounts receivable. Accounts receivable serve as the primary collateral, and loans are made on a percentage of eligible assets pledged. Core Capital typically extends capital [...]
In its simplest form, an exporter requires an importer to prepay for goods shipped. The importer naturally wants to reduce risk by asking the exporter to document that the goods have been shipped. The importer’s bank assists by providing a letter of credit to the exporter (or the exporter’s bank) [...]
When a business chooses to lease finance equipment, the cost of the equipment is spread over a multiple-year term — keeping more working capital liquid to fund investments such as additional payroll or facility expansion. The business has the equipment when it is needed, rather than waiting until cash is [...]
Walsh Engineering & Production was formed in 1964 by Red Walsh to provide contract engineering and lease operating services to the San Juan Basin. In 1992, Red’s son-in-law, Paul Thompson took the reins of the company and over the next 27 years with the help of West Hahn, John Thompson and Vern Andrews, grew the company in into a full-service upstream oil and gas service company. The Walsh team can execute any aspect of upstream operations and specializes in “cradle to grave” projects. We provide permitting, well planning and engineering, drilling and completion operations, contract pumping, production operations, regulatory compliance, oil and gas accounting and land services.