Factoring For Oilfield Services
Your customers want to pay you in 60 to 90 days, but your oilfield services business needs money to grow now!
If your company is in the oilfield services business, you are no stranger to risk. Subject to fluctuating commodity prices that are directly influenced by unpredictable global events, oilfield service companies must be more vigilant than ever in managing their day-to-day cash flow and the credit they extend their customers. With our credit, accounting services, and collections services included in our highly competitive rates, you’ll have peace of mind knowing that you have a full team of highly qualified lending professionals to help you manage your cash flow and mitigate risk. Premier Trade helps a wide range of oilfield service companies manage their cash flow and accounts receivable, including:
- Water, Gravel & Crude Haulers
- Vacuum Trucks
- Frac Sand Haulers
- Site Preparation Companies
- Rig Movers
- Flatbed Carriers
- Equipment Rental Companies
- Pipeline Construction Companies
Premier Trade can factor oilfield services accounts receivable up to $2,500,000. We base our funding decisions on the creditworthiness of your customers. Even if your business has poor or no credit, we can get you the cash you need to pay your bills and grow your business.
Choose The Experience Oilfield Services Team
The Premier Trade team has been helping oilfield service companies like yours for over 16 years. We treat our clients like family and take the success of your business very seriously. To talk to one of our team members to see how the Premier Trade difference can help you manage your cash flow and grow your oilfield service business, please fill out the form to the right or call us at 877.787.3062. We look forward to talking to you!