Willowpeak Capital Group in Williston, North Dakota helps oilfield service companies, contractors, repair shops, kitchens and clinics frame an equipment request around the unit, its age and its quote, and passes it to funding partners who decide.
At a glance
- Support activities for oil and gas operations, Williams County, ND
Oil and gas support companies, Williams County, ND: 137 employer establishments, 4,440 paid employees (CBP 2023)
- Commercial and industrial machinery and equipment rental, Williams County, ND
Machinery and equipment rental and leasing, Williams County, ND: 47 employer establishments (CBP 2023)
- Construction, Williams County, ND
Construction contractors, Williams County, ND: 144 employer establishments, $280.2 million in annual payroll (CBP 2023)
Oilfield Equipment Financing Near Williston, ND for Pulling Units, Pumps and Tool Trailers
Pulling units, workover rigs, pressure pumps, frac tanks and tool trailers are titled or serialized, have hour meters and trade between operators, which is what makes them financeable. A partner reads the year, make, model, hours and condition, and sets the term so the debt ends while the unit still has life in it.
Illustration only, invented figures: a well-service company buys a used pulling unit for $285,000 and puts $42,750 down, financing $242,250. Spread over 60 months at an annual rate of 10.5%, it works out to roughly $5,207 a month, $312,414 in total payments and $70,164 in interest.
Support activities for oil and gas operations had 137 employer establishments in Williams County, ND in 2023, 4,440 paid employees and $544.5 million in annual payroll. The county also counted 47 machinery and equipment rental and leasing establishments, 37 of them renting construction, mining and forestry machinery (County Business Patterns). The oilfield services page goes further into service rigs and vac trucks.
Construction Equipment Financing for Williams County, ND Owners: Skid Steers and Work Trucks
Skid steers, compact track loaders, mini excavators, work trucks and job-site trailers are the standard contractor list. Each one is a separate unit with its own value, so a contractor buying two can finance them together or one at a time.
Illustration only, invented figures: a contractor buys a $72,000 skid steer with $7,200 down. Financing $64,800 over 48 months at an annual rate of 11% would cost about $1,675 a month, $80,390 in total payments and $15,590 in interest.
Williams County, ND had 144 construction employer establishments in 2023, including 19 utility system construction firms, 17 of them oil and gas pipeline and related structures contractors (County Business Patterns). The construction page covers retainage gaps and crew payroll.
Auto Shop Equipment Financing Near Williston, ND for Scan Tools and Alignment Racks
A repair shop financing a scan tool, an alignment rack, a two-post lift or a tire machine has a clear, priced purchase from a dealer. Equipment financing fits each one; smaller tools can be bundled into one request so the shop is not opening several small loans.
Williams County, ND counted 43 automotive repair and maintenance shops with paid employees in 2023, and 22 of them were general automotive repair (County Business Patterns). The auto repair page and the article on heavy-duty lifts work through examples.
Restaurant Equipment Financing in Williston, ND: Walk-In Coolers and Fryers
Walk-in coolers, fryers, ranges, hoods, dish machines and ice machines are standard restaurant equipment. Each has a dealer price and a resale market, although installed items such as hoods and walk-ins are harder for a partner to recover, which can affect the terms.
Williams County, ND had 76 restaurants and other eating places with paid employees in 2023: 27 full-service restaurants, 30 limited-service restaurants and 18 snack and nonalcoholic beverage bars, which leaves 1 other eating place by our arithmetic (County Business Patterns).
CBCT Scanners and Exam-Room Gear: Medical and Dental Equipment Financing Around Williston, ND
A CBCT scanner, a digital X-ray sensor or an exam chair is high-value equipment with a short list of makers and a known resale market. Medical and dental offices can finance them as equipment, or lease them if the technology changes within a few years.
Williams County, ND counted 10 offices of dentists with 99 paid employees and 5 offices of physicians with 172 paid employees in 2023 (County Business Patterns). Neither count is large enough for its own page on this site; both are covered here, and dental offices also on the industries page.
Gym Equipment Financing Around Williston, ND: Cable Machines and Treadmills
Cable machines, treadmills, racks and rowers have dealer prices and a used market. A small gym can finance a package of machines in one request, or lease them and refresh the floor at the end of the term.
Williams County, ND had 7 fitness and recreational sports centers with paid employees in 2023, employing 26 people (County Business Patterns).
Food Truck Equipment Financing Explained With a Williams County, ND Restaurant Buying Ranges
A food truck is a vehicle with a kitchen inside it: the truck is titled and the ranges, fryers and refrigeration are part of the build. A restaurant buying ranges for a second line has a plainer case, standalone equipment with a dealer quote.
Special food services, the Census group for caterers, food trucks and contract food service, had 7 employer establishments in Williams County, ND in 2023 by our arithmetic: 101 food service and drinking places less 76 restaurants and 18 bars (County Business Patterns).
Bring the dealer quote with make, model and year, or the auction listing with hours, and say whether the unit is new or used. The collateral article explains when a partner asks for more than the machine.
Before pricing a unit or a machine, owners can read who finances pulling units and vac trucks, how contractors carry payroll through a late payment and what lenders read in an application.
By Willowpeak Capital Group ยท Updated
