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Energy Lending
FirstMerit's Energy Group provides financial services to the energy independents, and actively markets in the Appalachian, Illinois, and Michigan Basins. The Energy Group serves smaller and medium-sized companies throughout the country, financing acquisitions, development drilling, and refinancing existing oil and gas loans.
The FirstMerit Advantage
You will work directly with experienced FirstMerit Energy professionals who take the time to understand your needs. With more than 60 years of industry and energy finance experience, we have the products, services and people to be a valuable partner to independent gas and oil producers.
We provide:
- Revolving credits
- Term credit facilities
- Reducing revolvers
- Loan size: $500,000 - $35,000,000 million with the capacity to underwrite and/or lead larger credit facilities
- Treasury Management Services
- Drilling Program / Investment Escrow Services
- Letters of Credit
For more information or to discuss a specific financing opportunity, please call:
Milt Haynes, Vice President & Relationship Manager
Canton, Ohio.
Office: (330) 498-1536
Mobile: (330) 417-1322
Jim Bolinger, Senior Vice President & Manager
Canton, Ohio.
Office: (330) 498-1535
Mobile: (330) 417-1054
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