Frequently Asked Questions

Can I qualify for a royalty loan?

If you own oil and gas royalties and receive monthly royalty payments, then you can qualify for a royalty loan. We do not check your credit, your employment history or your personal financial information and there is no personal guarantee.

What kind of loans do you offer?

Our royalty loans are simple interest loans and can be fixed or revolving lines of credit with fixed monthly payments. All of our loans are non-recourse loans, so there is no personal liability beyond the collateral interest.

How much can I borrow?

Your credit limit is based on an engineering profile of your interest. As a general rule of thumb, we typically can lend up to 25 times the amount of your current monthly royalty payments. If you have paid down some of your balance, we can re-advance you a loan balance of up to 25 times the monthly royalty at the time of your inquiry

How do I make payments on my loan?

Fixed monthly payments are made directly to TCT Financial. Your payments will be applied directly to the outstanding loan balance until the balance reaches zero.

What information is required to apply?

We typically offer 2-5 year loans and let you choose the loan terms that fit your specific needs. There are no penalties for paying back some or all of the loan early, and if you are not able to repay the loan, there is no personal liability to you beyond the collateral.

What information is required to apply?

We will need copies of your most recent check stubs or production statements, and a copy of any oil and gas lease that you may have signed covering the minerals and royalty. Our oil and gas experts will use the information in these documents to evaluate the royalty and approve your loan.

Can I apply through a family trust?

Yes. Any individual or trust that owns oil and gas royalties can apply for a royalty loan with TCT Financial.

Will I still pay Ad Valorem Taxes?

You will retain ownership of your royalty and will still be responsible for the ad valorem taxes that are levied against producing mineral interests.

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