Velocity Financial is a Midland, TX factoring company that specializes in oilfield service factoring for companies such as welding, trucking, downhole services, chemical sales, and general oilfield services. We also provide factoring services for other industries such as staffing, manufacturing, and renewable energy. Our factoring service includes free customer credit checks, receivables collections and dedicated account management.
We are proud to serve many oilfield service companies in the Permian Basin, as well as other businesses throughout the country. When bank financing isn’t an option, we can provide working capital when your business needs cash. Whether you need to pay employees, suppliers, contractors or insurance, you can count us as your financial partner.
Why Choose Velocity?
- Simple & Clear Fees
- Transparent
- No Exit Fees
- No Minimums and No Origination Costs
- Free Customer Credit Checks
- Startups and Experienced Companies Welcome
- 100% Satisfaction Guarantee
Our team has more than 40 years combined factoring experience and over 35 years of oil and gas management experience. We understand the oil and gas industry and offer competitive rates with no hidden fees. Call us today and let’s get started!