Receivable Factoring for the Oil and Gas Industry Is your money tied up in 30 to 60 day terms to your customers? Financing the oil and gas industry is a very simple process for us. At 1st Commercial Credit, we can provide your business with working capital by using your accounts receivable as collateral. This type of financial service is available to oil and gas exploration service providers and field equipment suppliers such as seismic survey or geophysical operators, manufacturers of drilling fluids, drill rigs, lifts, geophysical prospecting equipment, pipes, pumps, production tools, valves, wellheads and many more. Receivable factoring is a financial solution that is commonly used by businesses that sell on open terms. Due to the nature of long collections in the oil and gas industry, accounts receivable become a tangible asset that is easily taped into liquid cash flow. Many large companies use this type of financing to increase their cash flow for daily expenses. There is no need to borrow money if you have uncollected receivables from good credit worthy accounts. 1st Commercial Credit offers factoring services to small and medium size businesses with as little as $10,000 a month in sales volume and up to $10 million in receivable assets. If your business would benefit by converting your accounts receivable to working capital, we can help. Get initial funding in 3 to 5 working days. No financials needed, No up-front fees to set up, it is that easy. If you feel that your business would benefit by setting up an account receivable factoring program. Please call at 1 866 524 8080  or Besides offering accounts receivable financing in the U.S., Canada, and the UK, 1st Commercial Credit offers export trade finance to clients in every major world market and can convert receivable finance transactions in 17 currencies. Recent Transaction 01-31-2006 Texas oil drill bit manufacturer taps into a $1 million receivable factoring credit line. US and Canada Tel 1 866 524 8080 United Kingdom Tel 0 800 404 9669 More information on Oil and Gas Industry Financing Other Services: Purchase Order Finance View Recent Transactions About 1st Commercial Credit, LLC 1st Commercial Credit, a nationwide factoring company headquartered in El Paso, Texas. Provides accounts receivable financing in the US, Canada, and the UK; offers export trade finance to clients in every major world market and can convert receivable finance transactions in 17 currencies.   Other Articles: 02-05-2005 Factoring is an alternative form of business financing 03-09-2005 Factoring Companies: Number one providers for growth capital in the IT Staffing industry. 11-11-2004 Nurse Registry benefits by Business Manager Program Termination 03-29-2005 Why should I choose a full-service factoring company instead of a Bank offering factoring services. 05-10-2005 What to look for in a factoring company? 07-05-2005 Is Accounts Receivable Factoring right for your Business? 10-10-2005 The Hidden Value in Factoring Accounts Receivable - Credit Expertise. 12-30-2005 Press Release: Flexible International Finance available to US Exporters 12-31-2005 Banks should consider Export Trade Finance Outsourcing 01-12-2006 How to use Accounts Receivable Financing in an acquisition of a business. 01-15-2006 Press Release: 1st Commercial Credit expands receivable financing to Mexico 02-14-2006 Press Release: 1st Commercial Credit Allocates $30 Million for Fort Bliss 8a Contractors 03-13-2006 PR: 1st Commercial Credit offers new freight factoring products for the transportation industry. 05-08-2006 1st Commercial Credit offers factoring and accounts receivable financing in Quebec, Canada. 07-18-2006 PR: Free Freight Matching Load Board sponsored by 1st Commercial Credit 08-28-2006 How to hurdle fast growth financing without adding debt to your business? 09-18-2006 How to improve cash flow without alienating customers or stringing out suppliers. Other related pages by industry: Factoring Temporary Staffing Companies Factoring Medical Providers Factoring Medical Staffing Agencies Factoring IT Staffing Firms Asset Based Lending 1st Commercial Credit (SM) is a trademark of 1st Commercial Credit, LLC.

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Quick Link to Financial Resources:

Accounts Receivable Financing  |  Financing Purchase Orders | Asset Based Lending |

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Popular Industries and links:

Freight Factoring | Construction Factoring | Government Contract Factoring | International Factoring
Medical Staffing Factoring | Temp Staffing Factoring | Oil & Gas Industry Factoring | Consumer Contract Factoring

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