Do You Need Oilfield Cash Flow?
Funding is available within 24 hours of invoice verification. 92% approval rating.
Please fill out the form if you are only in the oil & gas industry.
What is Oilfield and Gas Factoring?
Invoice factoring is an established form of financing that converts your current unpaid invoices to cash. It solves the cash flow dilemma caused by net 30 / 60 / 90 payment terms that can really slow a company down. The invoice financing process involves the sale of accounts receivable to a factoring company. Receivables (invoices) that are outstanding for up to four months can be sold for up to 95% of their face value.
Whether it’s trucking, drilling, rig pad preparation, excavating, pipeline services, disposal, site preparation and or other oilfield support services. Sb Factoring will ensure you with the factoring support you need. Our goal is to help you succeed!
The Process is Fast and Simple
Submit an application
Application processed in 24 hours
After approval SB Factoring Purchases your invoice
Funding within 48 hours
SB Factoring Collects invoice from your client
Every company has its own set of unique needs, goals, and challenges to meet, and their reasons for choosing invoice factoring are equally varied.
The most common reasons why so many businesses use factoring include:
Invoice factoring can eliminate many of these frustrations and allows management to refocus on growth.