Our Oilfield Factoring Expertise Runs Deep
When uncertainty rears its ugly head, it is important that you partner with an oilfield factoring company who understands the unique challenges of the oil & gas industry. We have spent over a decade earning hard-won expertise in the oil patch, which we use to benefit our clients every day. We don’t just say we are experts in oilfield factoring, we put our money where our mouth is. Oilfield Factoring has funded hundreds of millions of dollars in invoices for our oil & gas clients, from water haulers to frac sand trucks, pipe welders to roustabouts, and we know we have an oilfield factoring program that will fit your needs and help you succeed in any business environment.
OUR CORE
Seamless Integration
Value Customer Relationships
Deep Oilfield Roots
Your Word is Your Bond
Client Network Synergy
Dedicated Customer Service
The Oilfield Can Be Tough
You never know when the next piece of news will drop that has a big impact on your business. Regardless of the news cycle, you know there is still a lot of money to be made in the oilfield; but challenges remain. Customer pay terms can still be up to 90 days, which can quickly stretch your company finances to the breaking point. That is where oilfield factoring can really impact your company’s growth.
With oilfield factoring, you are able to take your growth into your own hands. Instead of being at the mercy of your customer’s pay terms, oilfield factoring allows you to receive cash almost as soon as the work is complete. Oilfield factoring allows you to confidently take on additional work knowing that you will always be able to pay for it. Also, oilfield factoring gives you the flexibility to pay your subs every week, which will allow you to attract and retain the best subs, building your company’s word of mouth. The oil patch is a small place, and so having a great reputation in the oilfield will help your company go a long way.