Frac sand hauling moves quickly, but payments often do not. While trucks continue running between mines, storage facilities, and wellsites, your company is still covering fuel, drivers, repairs, insurance, and other expenses.
Power Funding turns approved invoices into working capital, helping you stay ready for every scheduled load without delays.
Factoring turns completed loads into fast working capital, helping you add trucks, drivers, and daily capacity without waiting for earlier invoices to clear.
When customers take weeks to pay, factoring gives you faster access to cash from eligible invoices so operating expenses don’t fall behind.
Faster funding helps you pay contracted drivers and independent haulers on time, even when your customer hasn’t yet settled the invoice.
Factoring provides working capital for fuel, maintenance, lodging, payroll, and other costs that increase during demanding wellsite activity.
Once a sand delivery is completed and the invoice is ready, send the eligible receivable to Power Funding for review.
Receive up to 98% of the approved invoice value, often within one business day, while your customer’s payment remains pending.
Use free customer credit research to evaluate payment reliability before committing your trucks, drivers, and resources to a new hauling job.
With no monthly minimums, you can factor invoices as needed and adjust funding to match changing frac sand hauling demand.
Receive more of your invoice value upfront to cover active routes, truck maintenance, driver payments, fuel, and upcoming dispatch costs.
Approved invoices may be funded within one business day, helping you keep operations moving while customers complete their payment process.
Complimentary credit research helps you review customer payment reliability before accepting work, extending terms, or committing trucks to new jobs.
Use factoring when needed with no startup fees or required monthly volume, keeping funding flexible as your hauling workload changes.
Yes. Power Funding works with startups as well as established companies. Your business must have valid commercial accounts receivable, but you don’t need to have been operating for a set number of years to apply.
No. You can choose which eligible invoices you want to factor and which ones you prefer to collect on your normal payment schedule. This lets you use factoring according to your current workload and cash flow needs.
Verified invoices billed to customers who have already been approved may be funded the same day they’re submitted. When a new customer still needs to be reviewed, Power Funding works to complete the process and provide funding as quickly as possible.
Yes. Power Funding serves commercial clients throughout all 50 states. Whether your hauling company works in Texas, Oklahoma, New Mexico, or another oil-producing region, you can apply for invoice factoring.
Contact our team today to learn how frac sand hauling factoring can support your operation.