Oilfield Factoring Services
Fueling Growth for Oilfield Service Companies
We know that in the oilfield industry, extended payment terms are the norm—clients often take 30, 60, or even 90 days to pay.
But your expenses don’t wait. With oilfield invoice factoring, you can receive a high advance, up to 98%, on your receivables within 24 hours.
That means you’ll have the working capital to cover fuel, payroll, equipment maintenance, and other critical costs without waiting on slow-paying contracts.
It’s a dependable way to keep your operations moving and your crews in the field. Apply today to get access to the funds you need.
How Factoring Helps Oil & Gas Industries
Get Paid Without the Wait
No more waiting 30, 60, 90 days for payment. Get immediate access to the cash you’ve earned and pay your crews on time, every time.
Stay Fueled and Equipped
Get funding to cover daily fuel costs, equipment maintenance, and unexpected expenses without slowing your fieldwork.
Take On Bigger Jobs
Oilfield factoring gives your company room to tackle big projects and new contracts. Grow your business without relying on credit lines or loans.
Easy Approval Based on Customer Credit
Even if your business is new or has limited credit history, you can qualify for funding based on your customers’ reliability, not just your own.
Oilfield Factoring VS. Bank Loans
While some industries use bank loans to fund operations, oilfield factoring makes business growth easier while keeping you out of debt in the long run.
Oilfield Factoring
- The application process is less than a week.
- Get paid within 24 hours of approval.
- No compounded interest or long-term debt.
- One-time application for continuous funding
- Flexible funding with up to $10M and no monthly minimums.
Bank Loans
- Applications take weeks to months to process.
- Get paid weeks after approval.
- Accrues interest and adds to long-term liabilities.
- New applications are required for additional funding.
- Fixed amounts with limited access to additional funds.
Why Customers Choose Power Funding LTD
High Advances
With Power Funding, you get access to 98% of your invoice value right away, giving your business what it needs to manage day-to-day costs.
Same-Day Funding
After you submit your monthly invoices for unpaid accounts, your full receivable amount will be available to you in just one business day.
Free Credit Research
When you send us your invoices, we review your customer’s credit background, payment trends, and financial health to minimize risks.
No Extra Fees
We offer straightforward, budget-friendly oilfield factoring, with zero upfront costs so you can quickly access what drives your business forward.
Access the Funds You Need with Oilfield Factoring Services
Power Funding is here to help you overcome the financial hurdles keeping your Oil and Gas business from taking off.
We ensure stable financial health while supplying you with same-day funding with no extra fees. Contact us and start scaling your business the smart way with our oilfield factoring services.
