BusinessCash is funding during the COVID-19 crisis.

Energy Factoring

Working Capital for Energy Oil & Gas Companies through Invoice Factoring and Accounts Receivable Financing

  • Factoring for the Energy Industry
  • We fund the Oil and Gas Industry FAST
  • No dollar limits
  • Obtain pre-credit approval on your clients
  • Ensure away client bankruptcy risk
  • Won’t encumber other assets

We work with all kinds of vendors and suppliers such as:

  • Water Haulers
  • Roughneck
  • Welder
  • Riggers
  • Roustabouts
  • Crane Operators

Finding Conventional financing for energy service companies to the Oil and Gas industry can be a long and tiresome process. Getting business financing is hard when the economy is doing well and almost impossible when the economy is doing badly. There is a reason for this, lending money to a business is considered risky, especially for financial institutions. This is why most institutions will ask for audited financial statements and will insist that your business must have good collateral. What qualifies as good collateral? Usually real estate, machinery, and accounts receivable in some combination. Furthermore, institutions also want to see a multiyear track record in which your company shows substantial growth.

But what if you own a startup? Or do not have hard collateral? Or, what if your business is in a turnaround situation? Usually, you’ll be out of luck. Fortunately, there are other alternatives that you can take advantage of. One of the better options is the Invoice Factoring.

Want Conventional Financing for Energy Service Companies? Call (888) 400-5930 or use the fast, safe & secure online funding application.

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