Oilfield Service companies ensure that we have the energy and fuel we need to keep the economy going strong, and reliable cash flow is critical to success in this competitive industry. Getting paid for your invoices can take anywhere from 30 to over 90 days. That’s your money, tied up in invoices, unable to be used for the supplies and equipment you need to keep your business running smoothly. Don’t accept that slow pay is a fact of life for an oilfield service company – there’s a better way.
J D Factors has experience helping business owners deal with the frustration of slow cash flow. Our factoring programs are custom tailored to match the unique needs of oilfield businesses like yours. High advances and competitive rates give you access to the working capital you need when you need it. Whether you're involved in transportation/logistics, installation and maintenance, or temporary or permanent staffing, we have a program that's right for you.
Regardless of your position in the pipeline, your company needs to respond to changes in the supply chain right away. To do so, you need liquid capital, cash-in-hand, for whatever opportunities and challenges might come your way. By now, you’re used to changes you can’t control; whether it’s price volatility, emerging competition, or energy policy shifts. What you can control is your business’s ability to respond. Having access to steady and reliable cash flow through non-recourse factoring with J D Factors gives you the financial strength and peace of mind to tap the full potential of your enterprise.
From the Athabasca oil sands of Alberta to the Permian Basin in West Texas, J D Factors has the industry experience and financial strength to help your business succeed.
Complete your job or order and submit your invoices to J D Factors.
Your invoices are verified then sent to your customers.
Cash is deposited into your bank account within 24 hours.
We're here to answer any questions you have, online or on the phone. Call us toll free at 1.866.585.2274 or click below to get in touch with a Factoring Specialist.
Let us know the best way to reach you and we'll have a Factoring Specialist contact you right away: