FLEXIBLE INVOICE FACTORING
Factoring and financing options for oilfield services companies are effective for managing cash flow, especially when dealing with unpaid invoices. Through flexible invoice factoring, companies in the oilfield services industry can operate confidently, as it guarantees a consistent cash inflow from the invoices they factor.
EXTENDING CREDIT TO YOUR CUSTOMERS?
If you extend credit to your customers for up to 90 days and are not invoicing them through progress billing, factoring can be a valuable tool in managing cash flow challenges that arise from unpaid invoices.
BENEFITS
- High Advances
- Non-recourse
- Competitive Rates
- Same Day Funding
- Credit & Collections
- Online Monitoring
- And More
WE COVER SEVERAL SECTORS
We work with most companies servicing the oilfield industry, including:
- Distribution and manufacturing
- Drilling
- Drill rigs and lift 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
GET STARTED
Are you ready to get started? Our extensive experience enables us to provide customised solutions specifically designed to meet the unique needs of each sector.
By partnering with a factor that understands your business, oilfield service and supply companies can enhance their cash flow and operational efficiency while also improving their financial management. This collaboration ensures they remain competitive in the ever-evolving oilfield industry.
get started