Oil and Gas Factoring

With payment terms in the oil and gas industry stretching from 30 to 90 days, your cash-flow concerns are growing. Oil and gas factoring gives you the cash you need to succeed in this industry.

Six benefits that factoring brings to your service business:
  1. 1.Meet your payroll obligations.
  2. 2.Even out your cash flow, despite sales fluctuations.
  3. 3.Keep cash on hand to hire highly skilled personnel.
  4. 4.Augment your overhead to enhance your operations.
  5. 5.Expand into new territories.
  6. 6.Access debt-free working capital to fund research and development.