Oil field services factoring
Crews, fuel and equipment cost money every day. Operators pay on 30 to 90-day terms, often slower. We match your service company with a factoring partner that covers the gap, free to you.
Who it's for
Service companies working for operators and E&P companies.
Company size
Established companies with crews and equipment in the field.
Monthly invoicing
Billed to businesses or government agencies.
Your customers
Usually paying on 30 to 90-day terms.
How factoring fits your cycle
You submit the field ticket and invoice as usual. The factoring partner advances up to 90% of the invoice. When the operator pays, you receive the rest, minus the factor's fee.
Illustrative timeline, not an offer. Your funding partner sets the actual advance, fee and timing.
Before the call
No documents yet. Factors collect them securely after the call.
How much you bill businesses or government each month.
How long your customers usually take to pay.
Current, or on an IRS payment plan.
Who you factor with today, if anyone, and when that contract ends.
FAQ
Yes. Signed field tickets with the invoice are the usual paperwork. Factors set this up with you after the call.
Longer terms raise the factor's fee, but many factors still fund them. We show you real offers so you can compare.
Yes. We compare your current terms with other offers and check when your contract ends, including any termination fees.
One short form, about 2 minutes. Free to you, no obligation.