Factoring Companies for Oil and Gas

Find the for your oilfield business!

Featured factoring companies

500 Silver Spur Rd, Palos Verdes, CA
2425 Matheson Blvd E, Mississauga, ON
800 West Airport Freeway, Irving, TX
1202 Monte Vista Ave. #20, Upland, CA 91786
1780 Hughes Landing Blvd., Suite 675, The Woodlands, TX 77380
10800 Lyndale Avenue South, Bloomington, MN
10430-1 Pioneer Blvd, Santa Fe Springs, CA 90670
5901 Shallowford Rd, Chattanooga, TN
615 Molly Lane, Ste 130, Woodstock, GA, 30189
600 University Street, Suite #2328, Seattle, WA
10622 Hirsch Road, Houston TX 77016
315 Matheson Blvd E Mississauga, ON

Oilfield services factoring

Oilfield services have large ecosystems of many types of businesses. Suppliers, haulers, manufacturers, distributors and construction firms are just a few of the many businesses that serve the oil and gas industry. Oilfield contractors, suppliers, vendors and other energy related business often factor their invoices to maintain stable cash flow.

Oilfield service companies enjoy the benefits of oil and gas factoring.

Invoice factoring is a boost to oilfield service companies because you can ramp up business quicker and take on more jobs. It’s great when your oilfield contractors keep you supplied with large orders, but you’ve got to have the cash flow to handle it. You’ll have major problems with customers who don’t pay for 30 to 60 or 90 days. It will drain your cash quickly and bring your business to a screeching halt, causing your largest customers to send their business elsewhere.

Companies located in oilfield areas such as the Bakken Shale, Eagle Ford, Marcellus and Permian Basin have all depended on oilfield factoring services to provide stable cash flow. Oil and gas factoring companies serve areas and states in Texas, California, Colorado and North Dakota. Midland, TX; Corpus Christi, TX and Fargo, ND are all booming with the oil and gas industry expansion.

If your large oil and gas customers take 30 days or more to pay you, then invoice factoring will definitely help your business. Also referred to as accounts receivable factoring, this type of invoice financing allows you to pay your employees, suppliers and operating costs so you can enjoy the fast and continuous business growth in the oil and gas industry.

FactoringClub has many excellent factoring companies from which to choose, covering most major cities and states in the U.S. and Canada. Whether your business deals with exploration and development, transportation services, pipeline construction or any other type of oil and gas business, our invoice factoring companies will meet your working capital needs.

  • Crude haulers
  • Disposal services
  • Mud hauling
  • Open pit services
  • Pipeline inspection
  • Pressure washing
  • Well servicing
  • Rig transportation
  • Gravel pit suppliers
  • Excavating
  • Equipment hauling
  • Drillers
  • Sand haulers
  • Testing services
  • Logging
  • Pipe cleaning

Invoice factoring is easy as 1-2-3

After completing your service or sale for your customer, send your invoice to a factoring company.

Your factoring company buys your invoices and sends you up to 95% of the invoice within 24 to 48 hours.

Your factoring company collects payment from your customers and sends you the reserve as final payment.

Accounts receivable financing

Invoice factoring provides cash flow

Cash flow Solution

Accounts receivable financing virtually eliminates your collection days and speeds up cash flow to operate your business.

Invoice factoring provides receivables management

Receivables Management

Your factoring company handles all the accounts receivable functions including collections, accounting and reporting.

Invoice factoring provides business credit services

Business Credit Services

Factoring companies analyze your customers’ credit scores and monitor credit limits to protect you from bad debt losses.

Invoice financing has no loans or debt

No Loans Or debt

Accounts receivable financing doesn’t involve risky loans or debt and doesn’t require you to make loan repayments.

Invoice financing is quick and easy

Quick And Easy

Invoice financing is available within 5 to 10 business days and doesn’t require historical financials or spotless credit.

Invoice financing provides peace of mind

Peace of mind

Receivables factoring provides business stability and allows you to focus on operating your business rather than handling cash flow problems.

Ready to find your factoring company?

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