Oilfield Services Factoring/Financing
At USAfactoring, understand the need for Oil and gas field services factoring more than any other time in history. With banks cutting credit lines and loan underwriting getting harder, factoring gives you the other option you are looking for without putting on more debt. No matter what your financial needs are, we can help you. With over $ 1 billion in accounts receivable funded to date between USAfactoring and our partners, gives us the experience over other factoring companies you are looking for.
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- Cash flow dilemmas that have an immediate cash flow need. (Payroll, Tax Obligations, etc.)
- Companies who may be winning contracts or orders but do not have the financials. Instant source of working capital/cash flow.
- Companies with their bank credit line capped and need more leverage.
- Needing more resources to complete a project, purchase necessary equipment or inventory.
- New and high growth businesses.
- Obtain financing for companies with a negative net worth, a history of operating losses and or highly leveraged companies.
- Even companies with no credit, bankruptcy, or tax liens issues can qualify for our financing programs.
Oilfield Services Factoring
Financing Quote
Oilfield services factoring benefits the whole industry.
The US and Canada oil and gas field services industry has about 7600 different companies including Independent and major oilfield servicing companies engaged in the exploration, production and development of oil and gas properties throughout the United States including companies specializing in simple to complex deep-water and ultra-deep water oil production distribution system support services because of finds in the Gulf of Mexico recently.
All Area's of Trucking:
Crude Haulers, Frac Sand Haulers, Gravel Haulers, Rig Transportation, Vacuum Trucks, Water Haulers, Etc.
Construction:
Full Rig, Pipeline, Platform Base, Site Preparation, Excavation / Dirt Work, etc.
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of your quote request with no obligation.