Oil & Gas Invoice Factoring — Oilfield Contractors Funded in 24 Hours

[OilGasFactoring]

Energy receivables are their own animal, so a specialist focus makes sense here. Operators in those basins stretch payment to 60-90 days easily, and concentration risk on a single oilfield client gets ugly fast. A question for the brokers here: do you run recourse or non-recourse on these, and how do you handle a slow-pay operator? That detail matters more than the headline advance rate.

Hello Steve, I appreciate your question. Recourse Factoring

Slow paying customers we can stretch out 90 days unless they have a contract that goes beyond that timeframe and we pre-approved the terms.

We run credit checks on all our clients' customers to ensure they pay vendors on time. If they do not the credit limit may be reduced or denied all together.

[stevemarkovick]

Energy receivables are their own animal, so a specialist focus makes sense here. Operators in those basins stretch payment to 60-90 days easily, and concentration risk on a single oilfield client gets ugly fast. A question for the brokers here: do you run recourse or non-recourse on these, and how do you handle a slow-pay operator? That detail matters more than the headline advance rate.

[OilGasFactoring]

We specialize in invoice factoring exclusively for oil and gas service contractors — drilling, hot shot trucking, water hauling, wireline, flowback, oilfield staffing, equipment rental, and pipeline services.

What we offer:

• Up to 90% advance rate on submitted invoices
• Funding within 24 hours of invoice submission
• Same-day approval
• $50K – $40MM per month capacity
• All major US basins — Permian, Eagle Ford, Bakken, Haynesville, Marcellus, SCOOP/STACK

Apply or inquire at: OilGasFactoring.com

Feel free to PM me directly with any questions or deals to discuss.