Vivakor, Inc. (Nasdaq: VIVK) announced on October 23, 2025 that it has closed a $40 million commodity intermediation credit facility with a single wholesaler. The facility, designed to provide working‑capital and credit support for the company’s crude‑oil trading platform, will enable Vivakor Supply & Trading, LLC to secure letters of credit, surety bonds, cash deposits, and guarantees for physical commodity transactions.
The credit facility has a one‑year term and offers up to $40 million in combined credit support. Under the terms, Vivakor will use its midstream logistics assets—including its trucking fleet, crude‑oil stations, terminal facilities, and gathering pipeline—to transport, store, and sell the commodities purchased through the facility. The arrangement is intended to streamline the company’s trading operations and enhance liquidity for future expansion.
James Ballengee, Vivakor’s Chairman, President and CEO, said the closing "effectively launches Vivakor’s trading platform, Vivakor Supply & Trading," and that the facility will "drive immediate accretive revenue while diversifying and expanding our crude‑oil marketing operations." CFO Kimberly Hawley added that the facility "significantly strengthens our liquidity position and provides the flexibility to scale our trading and logistics operations efficiently."
The new financing is a key step in Vivakor’s strategy to integrate its midstream assets with a growing trading business, providing the capital and credit infrastructure needed to capture additional market share in the volatile crude‑oil market.
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