MLO NMLS #1086161 California and Minnesota - Approved-Inactive
INVOICE FACTORING FOR OIL & GAS PROGRAM
We offers financial services to companies an alternative to banking financing to Oil & Gas industry contractors. Eduardo Ramirez promptly supplies a steady stream of cash through Invoice Factoring and PO Funding through his network of Factoring Services Companies.
From Texas to Alaska, crude oil prices are down, rig counts are down, drilling permits are down and so is employment. At the same time, banks are tightening lending terms along with credit lines for oil, gas and energy suppliers.
Financing is becoming harder to come by, but these same companies must have working capital to get through times of cheaper petroleum pricing. Oil prices are cyclical and on the way down which will eventually lead to more demand. High-energy prices lead to demand falling while low prices lead to higher demand.
Currently lower prices leading to higher demand is exactly what is taking place now. Non-Recourse Invoice Factoring is perfect for oil & gas suppliers to weather the storm. With banks no longer lending, Factoring Company steps in with critical working capital. We help companies go beyond banks limited credit lines and inject their company with working capital safe, fast and efficiently.
With Non-Recourse Receivable Financing and Invoice Factoring for Oil, Gas and Oilfield Energy Companies from Factoring Company, we can help:
Network of Factoring Companies has been providing non-recourse receivable financing, purchase order funding with credit protection and AR management to oil, gas and energy suppliers for over two decades. We work closely with you to provide a working capital and credit protection solution that fits your company’s needs.
What is needed to get started? A Simple One-Page Application!
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