PR Newswire
GRAND VIEW, Idaho, Dec. 2, 2014 Integrity Factoring will be attending the 2014 OOGA OILFIELD EXPO and Technical Conference. Kevin Gillespie, Integrity’s Senior Vice President of Business Development will be attending the show and offering their premier, personalized cash flow solutions for oil & gas service companies working in the Devonian, Marcellus & Utica shales.
The OOGA Oilfield Expo is being held at the IX Center in Cleveland, OH on DECEMBER 3rd & 4th. “Not only will the convention be a great place for networking, but I am excited to be able to share our solutions with all the growing oil & gas service companies at our booth, #500,” said Kevin Gillespie.
Kevin explained, “Integrity Factoring has seen a huge demand for our services in the Marcellus, Devonian and Utica shales, which is why we opened our East coast office north of Pittsburgh. The oil and gas boom in the United States has brought many hardworking Americans from rags to riches literally overnight. While some oilfield service companies have begun to take on additional work, add more crews, and buy more equipment, other companies are left waiting for up to 90 days to get paid on their invoicing. Companies that achieve fast growth in the oil and gas sector typically use invoice factoring to manage their cash flow needs.”
“You have to watch out when selecting an oil and gas factoring company,” says Jens Schkade, President at Integrity Factoring. “There are many factoring companies trying to enter into the oil and gas business claiming their years of experience is transferable. The truth is, oil and gas factoring is different, the factor should be able to understand the different forms of job approvals. Many industries have a large amount of documentation supporting an order or job approval. Oil and gas service companies often get called in by the company men requiring fast action, yet there’s no bid, proposal, or email chain to support the request. The job is completed before A/P is even aware it needed to be done, sealed by a handshake on site, a scribbled signature on your invoice, and a stamp if you’re lucky! You need to know that your factoring company understands what makes these invoices good and that they will stand behind you!”
If you plan on stopping by the OOGA OILFIELD EXPO and Technical Conference please stop by and visit the Integrity Factoring at Booth 500. We service a wide range of oilfield service providers including: welders, oilfield trucking, pipeline, rental companies, oilfield construction, directional drilling and more. If you are not able to attend, contact our East coast office at 412.888.0802 and speak to Kevin Gillespie or email him at: Kevin@Integrityfactoring.com.
About Integrity Factoring
Since 2006, Integrity Factoring quickly evolved to be 100% focused on oil and gas receivables. With dedication and hands-on knowledge, we have established a reputation for fast, honest, and reliable service. We have become a leading funding source for many professions in the energy sector. We provide excellent customer service no matter the size of your company. Our goal is to help you grow your business to its fullest potential.
Media Contact: Victoria Collett, Integrity Factoring, 866-834-7338, Victoria@integrityfactoring.com
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