Use your royalties to secure a loan.
No credit checks, no penalty for pre-payment, get your money fast. We lend from $7,500-$200,000.
We make private equity loans to oil and gas royalty owners.
We know oil and gas, and for that reason, unlike your local bank, we recognize the value of your producing royalty interest. Your loan is secured by your future royalty payments, and for that reason, we do not conduct credit checks. We make loans secured by Texas producing royalties. We will consider loans secured by producing properties in other states.
We appraise your property and will loan up to 60% of its value. As a general rule of thumb, we can loan up to 25 times the average monthly revenue from your producing property.
We make loans ranging from $7,500 to $200,000.
How the process works.
- Contact us.
- Submit a simple application and provide copies of the last three royalty check stubs for evaluation
- We will promptly provide you with a written proposal for your review and approval.
- We will verify title to the collateral – confirming that you have merchantable title, and that your property is free of liens or any other encumbrances.
- You will execute a promissory note, deed of trust and a letter that serves as a division order transfer. Funding will occur by cashier’s check or wire transfer, within 48 hours of recording the promissory note and deed of trust. Closing and funding is handled by an independent local title company.
- Monthly royalty checks come to the trustee. A portion of the proceeds will be automatically applied to interest, and if you elect, an optional principal reduction can be made, with the remaining royalty quickly remitted to you.
- When the loan has been paid, the trustee will sign a release of lien and send it to you. The trustee alerts the production company immediately of the loan’s retirement and you will begin receiving your monthly royalty soon thereafter. There is never a fee for the complete return of your collateral.
How are we better than a bank or credit union
- We recognize the value of oil and gas royalties and will fund loans strictly on the value of your royalties
- We never asks for tax returns
- We never request credit reports. You will never be denied a loan based on negative credit history, and your FICO score will not affected by getting a loan.
- No expensive reserve reports required.
How our service is better than other royalty lending companies.
- Quick evaluation and funding. In most cases we can fund within 5-7 business days after you submit your check stubs.
- Low upfront costs. Our loan origination fees range between 1% and 3% -- the lowest in the industry.
- We make royalty loans when you receive as little as $300 per month. Our competitors require royalties of at least $600 per month in order to qualify for a loan.
- Our competitors only loan on Texas royalty properties. We make loans secured by producing royalties in Texas and other states.