Velocity Financial

Velocity Financial is a Midland, TX factoring company that specializes in oilfield service companies, as well as staffing, manufacturing, and business services.

Financial Products

Products offered:

Invoice factoring

Featured Services

Billing and collection services Customer credit services No minimum fees No startup fee Online reporting Same-day funding Select invoice factoring Single invoice factoring

Standard Terms

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!

Justin Ryan

Sr. Vice President

Velocity Financial is a Midland, Texas factoring company.

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The Factoring Club Advantage

Personalized Matching

We offer a personalized and human-centric approach to match your business with the ideal factoring company. Our team takes the time to understand your unique requirements and industry, ensuring a tailored recommendation.

Expert Guidance

With over 25 years of industry experience, our team provides expert guidance throughout your factoring journey. We help you understand terms, fees, and contract details, empowering you to make informed decisions.

Time and Hassle Savings

Say goodbye to the complexity and time-consuming process of searching for a factoring company. We streamline your search, saving you time and ensuring a smooth and efficient experience.

Extensive Network

Gain access to our extensive network of over 100 reputable factoring companies. Whether you're a small business or a larger enterprise, we connect you with partners that align with your size, industry, and financial goals.