Oil and Gas Factoring
Don't Wait 60 - 90 Days for your Money!
Vertex Financial will help you secure the consistent cash flow financing to help you during unpredictable economic times or to help expand your Oil and Gas service related business. Whether you need a Payroll Advance or Cash Flow Financing to help your Oil and Gas business grow, Vertex Financial can help. Vertex has been working with Oil and Gas Servicing Companies since 1989 and our existing clients will attest to the competitive advantage they have received thanks to our Oil and Gas financing services.
Whether you are involved in:
- Operating oil and gas field properties on contract
- Performing geophysical surveying and mapping services for oil and gas
- Oil and gas pipeline and related structures construction
- Site preparation and related construction activities
Oil and Gas Factoring Process
- Submit your invoice or progressive bill to customer, and Vertex will verify the invoice.
- You are wired the payment for the first invoice, usually Ranging from 70 - 80% of the invoice
- Once your client pays, reserves are released.
Invoice Financing Benefit: Consistent Cash Flow!
- Forget about recurring expenses like payroll, R&D, services, and other ongoing worries that arise during periods of low incoming capital
- Upfront cash allows your business to grow and accept contracts you might not have considered
- The Process is Quick and Easy!
Vertex has had success in the following Oil & Gas Industry Related Companies
- Crude Haulers
- Water Haulers
- Frac Sand Haulers
- Vacuum Trucks
- Environmental Clean Up
- Excavating / Dirt Work
- Site Building
- Tank Cleaners
- Pressure Washing
- Exploration Services
- Pipeline Construction
- Component Manufacturers
- Hot Shot Services
- Inspection Services
- Flowback Testing
- Gravel Pit Suppliers
- Rig Movers