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Factoring for oilfield services companies.  Is cash flow a problem due to unpaid invoices? With invoice factoring, companies in the oilfield services industry can operate with confidence knowing that their cash is coming in regularly as invoices are being factored.  If you are billing your customers on credit of up 90 days or longer, and not under progress billing, factoring can offer advantages designed to eliminate cash flow problems caused by unpaid invoices.

BENEFITS

• Advances up to 100%
• Non-recourse option
• As low as 2% flat fee
• Low Fixed Fees
• Same Day Funding
• No Contract Period
• Credit & Collections
• Online Monitoring

LOW FIXED FEES

ricing is based on a discounted flat fee basis. There are never any additional fees, hidden charges or graduating penalties for slow paying accounts.Pricing is based on a discounted flat fee basis. There are never any additional fees, hidden charges or graduating penalties for slow paying accounts.

SAME DAY FUNDING

Receive cash daily for invoices. Working capital directly related to operational expenses. 

NO CONTRACT PERIOD

No long term contract required.

CREDIT & COLLECTIONS

Through the online portal, you can generate aging reports, review account balances, access credit limits, verify payment information, track collections and more - all with complete security.Through the online portal, you can generate aging reports, review account balances, access credit limits, verify payment information, track collections and more - all with complete security.

ONLINE MONITORING

The powerful software continually monitors the status of your A/R, giving you and your customers real time, 24-hour access to your accounts.The powerful software continually monitors the status of your A/R, giving you and your customers real time, 24-hour access to your accounts.

PEACE OF MIND

This oilfield factoring product is funded by a strategic partner that specializes in A/R Funding for companies in the Oilfield Industry, and with more than 100 years in collective AR experience it offers peace of mind with the knowledge that clients will be working with a funding partner that will be there for them on a constant basis.This oilfield factoring product is funded by a strategic partner that specializes in A/R Funding for companies in the Oilfield Industry, and with more than 100 years in collective AR experience it offers peace of mind with the knowledge that clients will be working with a funding partner that will be there for them on a constant basis.

We work with most companies servicing the oilfield industry including:

• Distribution and manufacturing
• Drilling
• Drill rigs and lifts companies
• Equipment suppliers / vendors
• Geophysical
• Mapping companies
• Oil and gas pipeline construction and inspection companies
• Seismic surveyors
• Site preparation companies
• Surveying companies
• Suppliers of wellheads and production tools
• Vendors of valves, pumps and pipes
• Plus other oil and gas services companies

Work with a team that specializes in companies servicing the oilfield industry. For more information, please submit this short form.

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