Oilfield Factoring

Oilfield invoice factoring and accounts receivable financing

1 (800) 317-4933

Accounts receivable factoring and invoice funding for companies in the Oilfield Industry that are billing their commercial customers on credit terms of up to 90 days and not under a progress billing arrangement.

Why wait weeks or months to get paid on open invoices?  Factoring allows you to not only receive up to 100% of the value of those invoices quickly but also gives you an option to go after customers that are asking you for credit terms on invoices, which you can now offer with confidence knowing that it would not affect your cash flow.

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.

Work with a team that specializes in the oilfield industry and a program that is flexible and designed for oilfield companies. For more information, please submit this short form.



more info