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Financing & Factoring Oilfield

Financing & Factoring Oilfield

Over 3,200 clients funded
Waiting To Get Paid On Net 30, 60, or 90 Day Terms?
No up font fees to set up
No financial required
Funding in 3-5 days
Rates at
0.69% to 1.59%
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We Lend MORE Than The Bank

Financing & Factoring Oilfield

Waiting To Get Paid On Net 30, 60, or 90 Day Terms?
Request a quote
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$500,000

Staffing Oil Field Service
team members staff

$1.2 Million

Oil Field Hauler

Invoice Factoring and Receivable Finance for the Oilfield Service Industry

Is your money tied up in 30 to 90 day terms to your customers?

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.

1st Commercial Credit is a factoring company that provides receivable based financing for the oilfield Industry.

There is no need to borrow money if you have uncollected receivables from good credit worthy accounts.

Oilfield Service companies have to sell on open credit 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.

Why Oilfield Industries Choose Us?
Accounts Receivable Financing is our Business.
$10,000 & up to $10 million Facilities
No financials required
Set up in 3 to 5 working days
No up-front fees - No hidden fees
No facility fees - No audit fees
We make same day decisions
No monthly minimums
No invoice minimum fees
Financing rates at 0.69% - 1.59%

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. Many large companies use this type of financing to increase their cash flow for daily expenses.

Receivable Financing Rates at 0.69% to 1.59%
18 Years In business & Over 3,200 Clients Funded
Fast Approval Process.
No Financials Required.
3 to 5 Day Initial Setup.
No Up Front Fees to Set up.
Low Credit Score Accepted.
Free Invoicing Software

Oilfield providers experiencing the following can take advantage of our financing programs:

Cash flow shortage due to payments coming in slowly.
Oil Service Industry will not qualify for rigid bank loans.
Uneven spike in sales and income.
Long term jobs drain cash flow before invoicing.
1st Commercial Credit offers factoring services to small and large oil service companies

1st Commercial Credit offers factoring services to small and medium-sized businesses with as little as $10,000 a month in sales volume and up to $10 million in receivable assets.

1st Commercial Credit offers factoring services to small and medium-sized 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.

Service companies that are in the oil and gas industry that need to offer credit terms to customers utilize our funding program. Oilfield companies can easily tap into their receivables asset for immediate cash flow. You may offer credit terms to new and larger customers at an affordable cost, take advantage of early pay discounts offered by your suppliers, buy larger quantities with additional discounts, and countless other opportunities that your manufacturing business is missing out on.

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Service companies that are in the oil and gas industry that need to offer credit terms to customers utilize our funding program.
Request A Callback Today!
Receivable Financing Rates
Financing Rates at 0.69% to 1.59%
◽️
Quick Approval Process!
◽️
Easy Set-Up in 3 to 5 Days.
◽️
No Financials up to $350k.
◽️
Over 18 years in business.
Schedule A Callback
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