Financing for Oil/Gas/Energy Suppliers

Posted by on Mar 16, 2015 in Oil and Energy Factoring | 0 comments

Christi Craddick, Texas’ top energy regulator knows the cyclical nature of the oil and gas industry. Oil and gas represent 40 percent of the state’s economy, and producers supplied a record $15.7-billion in the state, local taxes and royalties in 2014. “We don’t know yet” how hard the state will be hit, Ms. Craddick said in an interview at the Texas Railroad Commission in Austin. “But Texas is well positioned to weather the storm specifically because we have the infrastructure,...

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Non-recourse Accounts Receivable Factoring for Oil and Gas Suppliers

Posted by on Feb 17, 2015 in Non-Recourse Accounts Receivable Factoring | 0 comments

From Bismarck North Dakota to San Antonio Texas, Oil and Gas companies and suppliers are experiencing a huge shift in commodity prices.    Yet, America’s oil production continues to rise.  Oil producers and suppliers have transformed themselves into nimble high-tech manufacturers that can adapt on a dime to outside forces.    Funding tools such as non-recourse accounts receivable factoring give oil and gas suppliers the working capital they need to continue doing business as...

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Non-Recourse Accounts Receivable Financing for Oil and Gas Vendors

Posted by on Aug 21, 2014 in Non-Recourse Accounts Receivable Factoring | 0 comments

What do Texas, Colorado, Oklahoma, West Virginia, Wyoming and North Dakota have in common? They were all recently cited as six of the top 10 fastest growing states in the country and all of them can name domestic oil and/or natural gas production as a component of their success. These states join Alaska and California in fueling our country. “Increased oil and gas supplies will bring an economic renaissance to the United States,” petroleum economist Philip Verleger declared...

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The Oil and Gas Boom

Posted by on Mar 18, 2014 in Oil and Energy Factoring | 0 comments

The impact of the oil & gas boom affects a myriad of industries and suppliers. The oil and gas boom is producing millions of jobs with the hydrocarbon sector creating jobs faster than Silicon Valley according to Investors Business Daily. Employment is up 40% in the oil and gas fields since the recession began in late 2007. Every one of the 10 states like Texas, Oklahoma and North Dakota where hydrocarbon production is increasing, overall employment growth has outpaced the nation....

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Smaller Companies are Winning the Oil and Gas Boom

Posted by on Mar 3, 2014 in Oil and Energy Factoring | 0 comments

ExxonMobil, Chevron, and Royal Dutch Shell haven’t capitalized on any of the several industry tailwinds that should seem to pave the way for solid growth. Meanwhile, smaller competitors seem to be stealing Big Oil’s thunder when it comes to the oil and gas revolution in the United States. While it may be customary to assume Big Oil as the primary profiteers from the domestic oil and gas boom, smaller companies are simply outperforming their bigger brethren.  ExxonMobil’s...

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