Oilfield Factoring - (575) 390-3185 |
Oilfield Factoring in Midland TX
The best oilfield factoring rates in Midland, TX
Many oilfield businesses are growing fast and need additional capital to expand. We can provide you with the funds you need to buy equipment, accommodate growing payroll, and pay other oilfield companies. It can be difficult for new businesses with a limited credit history to get approved for a line of credit from the bank. Even if you are approved, payment terms are approximately 60 days, and this long waiting period can cause significant cash flow stress. Fortunately we have a solution! We buy invoices for cash now so that you don’t have to wait to get paid.
Midland and West Texas’ top choice for oilfield factoring!
At Ruston’s Factoring, we are an oilfield factoring company headquartered in Lovington, NM with partners throughout North America, including Midland and the West Texas area. We have extensive experience in the oilfield factoring industry and have helped numerous oilfield companies throughout the area get the funds they need to succeed.
How does it work?
We purchase your invoices at a discounted rate and when the oil company pays, they pay us directly. Invoice factoring is a win-win for both parties. We provide a creative way to get funds for your growing business.
Oilfield Factoring for Midland Oilfield Companies
If you are interested in learning more about what we can do for you, we encourage you to give us a call or send us an email. When you team up with us, you will benefit from a team who is committed to getting you the best deal available. We offer the most competitive discounts on the market. As many of our satisfied clients can already attest, we strive to bring value to your company by utilizing time-effective cash flow techniques.