Term Loans for Oil & Gas
Manu helps oil & gas owners across the United States get matched with the right lender — fast. Pre-qualify in minutes through Manu's partner application — access a 75+ lender network with real, competitive offers, no hard credit check.
How oil & gas businesses use this financing
Common uses of funds:
- Drilling rigs, fracking equipment, and well-services trucks
- Pipe, casing, and chemical inventory
- Working capital for operator-payment cycles (60-120 days)
- Acquisition of additional wells or service lines
Typical loan size: Oil & gas service company loans typically range from $250K to $5M, with larger fleet and asset-based lines reaching $25M+.
Seasonality: Drilling activity tracks oil price; service work intensifies during high-rig-count periods.
Most common reason for decline: O&G service companies are often declined for commodity-price exposure or for slow operator A/R.
Best-fit products for oil & gas: Equipment Financing, Invoice Factoring, Asset-Based Lending.
Capital use cases for oil & gas businesses
- Rigs & service trucks: A $250K–$5M equipment loan funds drilling rigs, fracking equipment, and well-services trucks.
- Operator-payment bridge: Invoice factoring advances cash on operator receivables aging 60–120 days to keep crews working.
- Fleet & asset lines: Asset-based lending of up to $25M+ funds large fleet and equipment needs during high-rig-count periods.
Funding options for oil & gas businesses
Why Oil & Gas owners choose Manu
How oil & gas business loans work with Manu
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Other industries we fund
Other funding options for oil & gas businesses
Frequently asked questions
What kind of business loans can Oil & Gas owners qualify for?
Through Manu's partner application, oil & gas owners can access small business loans ($10K–$10M), SBA 7(a) and 504 loans ($50K–$5M), business lines of credit, equipment financing, merchant cash advances, accounts receivable financing, and inventory lines. Terms are tailored to your revenue and time in business.
How fast can a Oil & Gas business get funded?
Lines of credit and merchant cash advances can fund the same day for qualifying oil & gas businesses. Small business loans and equipment financing typically fund in 1–3 business days. SBA loans take 4–10 weeks due to government underwriting.
What credit score do I need for Oil & Gas financing?
Minimum FICO depends on the product: equipment financing starts at 550, small business loans at 580, lines of credit at 600, and SBA loans at 660. Merchant cash advances and accounts receivable financing have no minimum FICO — they're underwritten on revenue and receivables instead.
Will applying hurt my credit score?
No. Pre-qualification uses a soft credit check that does not affect your credit score. A hard pull only happens if you accept a final offer from a lender.
What documents do Oil & Gas businesses need to apply?
To pre-qualify, you'll share basic business information plus your most recent 3 months of business bank statements. To finalize an offer, most lenders ask for 3–6 months of bank statements in total. Larger loans may also require tax returns or financial statements.
Sources & references
Loan-product criteria, funding-speed ranges, and credit-score thresholds on this page are validated against current lender requirements and the following primary sources: