Eclipse Business Capital Closes $300 Million ABL Credit Facility to Oilfield Services Industry

Chicago, IL – July 7th, 2026 – Eclipse Business Capital LLC (“EBC”) announced that it has provided a $300 million ABL credit facility to a national oilfield services company. 

The credit facility, reliant on working capital assets, refinanced the Company’s existing bank debt and provides additional liquidity and flexibility for ongoing working capital needs.

"We are pleased to have the opportunity to partner with a highly respected oilfield services company," said Marty Battaglia, CEO of EBC. "Oilfield services companies often require flexible, asset-based financing solutions to manage the cyclicality of energy markets.  We believe our ability to deliver customized capital solutions in a timely and transparent fashion to good businesses is a true strength and valuable to our clients.”  

Originally founded in 2016, EBC is one of the country’s leading independent asset-based lending platforms targeting both privately-owned and publicly traded companies across a wide range of industries.  EBC provides senior secured credit facilities ranging in size from $10 – $450 million that are secured by collateral such as accounts receivable, inventory, machinery & equipment, real estate, and intellectual property. 

Since it was established, EBC has underwritten more than 113 transactions totaling over $6.3 billion in aggregate credit facilities.  EBC has an experienced team of thirty-five professionals, located in Chicago, New York, Los Angeles, Houston, Dallas, Miami, Sarasota and Charlotte and provides financing to middle-market borrowers in the U.S. and Canada.

If you’d like to learn more about EBC, please visit us at: www.eclipsebuscap.com.