OUR
STORY

Royalty Loans LLC was formed by Matt Mitchell and David Mitchell in 2011: \"As royalty owners, we constantly receive offers from companies wanting to purchase our royalties. The thought of selling a cash flowing asset for a small lump sum seemed foolish; especially if that cash flow had the potential to continue for the rest of our lives.\"

We recognized that this valuable asset was not tangible collateral for most banks to make loans, thus the formation of Royalty Loans LLC. Generally, banks will not lend money on royalty income without expensive costs to the consumer. Due to government regulation, banks are often required to complete engineering reports and appraisals when considering royalty loans, thus the expense of such reports make the loans uneconomical for the consumer. At Royalty Loans LLC, we are not held to government regulation. We offer simple loans without the expensive reports or analysis.

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Matt Mitchell
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David Mitchell

Matt Mitchell was raised in Midland, the oil boom capital of Texas. Matt started his career at 15 years old as a geophysical tech at Resolution Geophysical Services, his father’s consulting firm. After graduating from Midland High School in 2000 and Texas Tech University in 2004, Matt began his career in finance and banking as a credit analyst and loan review auditor for a $3+ billion regional bank in Dallas‐Fort Worth. Matt continues to manage a large commercial loan portfolio while pursuing Royalty Loans LLC as a partner.

David M. Mitchell, an AAPG Certified Petroleum Geophysicist, has 37 years of oil industry experience working for industry leaders including Getty Oil, The Superior Oil Company, and Mobil. In 1990 David formed Reflection Energy Search for oil and gas resource exploration and development. David uses an all-encompassing understanding of reservoir and production mechanisms along with appropriate geophysical and geologic constraints to successfully evaluate the future cash flow of producing properties.