At Bank SNB, innovation is in the pipeline. After decades of operating in the heartland of the energy community, our bankers have extensive experience meeting the industry’s financial needs. Whether your project is development drilling, acquiring new properties or working capital, we’re here to help you keep the momentum flowing.
A variety of financing structures and treasury management services are available to grow your energy business and keep you efficient and profitable:
- Production-based lines of credit
- Acquisition financing
- Letters of credit
- Oilfield services, including lines of credit and equipment financing
- Midstream opportunities
- Convenient online banking
- Electronic check capture
- Investment sweeps
Our financial solutions can be personalized so call us to talk about your needs, and we’ll assemble the services that are right for you.
Bank SNB’s recent energy transactions include:
- $25,000,000 facility amount – line of credit secured by production to a company in Texas
- $10,000,000 facility amount – line of credit secured by production to a company in Oklahoma
- $10,000,000 syndication with both a line of credit and term portion
- $3,000,000 accounts receivable line of credit for a services company in Oklahoma
- $11,000,000 equipment line for a services company in Oklahoma
- $10,000,000 facility amount – line of credit secured by production to a company in Texas
At Bank SNB, our commitment to the energy industry runs well into the future.
Contact your local market president or energy banker today.