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Oil Industry Factoring
Serving a range of Oil Industry Service and Supply Companies

Oil Industry Factoring

Oil Industry Factoring Programs For Oilfield Service Companies

TCI Oilfield Factoring clients are oilfield service companies working on the front lines of North America’s energy sector. These clients perform a range of work and services for Exploration and Production companies.

TCI Oilfield Factoring has over 20 years experience providing factoring services for companies working in the oilfields across the United States and Canada. TCI Oilfield Factoring has the knowledge and understanding of “how things work”. This allows us to customize factoring programs to fit the needs of each client.

Call now for a free no-obligation quote for oilfield factoring

Companies Using Oilfield Factoring

Oil industry factoring is beneficial for companies in a variety of situations. Start up companies, businesses needing to buy equipment or supplies on a regular basis, and companies needing to meet payroll all use factoring to secure the cash they need.

TCI Oilfield Factoring has experience in providing factoring services to companies in every segment of the oilfield service arena.

Factoring For Well Site Service Providers

Acidizing & Cementing Crane & Aerial Lift Operators Drilling Contractors
Electrical Contractors Grading & Excavating Flowback Testing
Fracking Services Site Preparation Trenching Services
Vacuum Trucks Vacuum Trucks & Excavators Many More

Factoring for Oilfield Trucking Companies

Bulk Material Handling Crude Hauling Equipment Rentals
Flat Bed Carriers Frac Sand Hauling Gravel Haulers
Mud Haulers Water Haulers Many More

Factoring for Oilfield Service & Supply Companies

Completion Services Disposal Wells Environmental Services & Reclamation
Frac Sand Suppliers Gravel Suppliers Pit Cleaning
Roustabout Services Tank & Pipeline Cleaning Well Servicing
Sandblasting & Painting Casing Suppliers Many More

How Oil Industry Factoring Works

  1. Complete work and invoicing as usual.
  2. Send the invoice to the factoring company.
  3. The factoring company sends the cash advance.
  4. Customer pays the invoice to the factoring company.
  5. Remaining invoice balance, less a fee, is paid to you.

To learn more about how oil industry factoring can benefit your company, and why it is the right decision for your business call TCI Business Capital at (800) 707-4845 or contact us now.