Oilfield services financing
Invoice factoring gets oilfield service companies cash faster.
For more than 25 years, Catalyst has provided oilfield services financing options. We have worked with many entrepreneurs to launch or grow their energy sector businesses. While the sector offers many lucrative opportunities, we understand the risk and volatility that is inherent with serving oil and gas companies.
If you are a new or growing business, you typically cannot wait 30-90 days for payment after providing services. You have payroll demands, equipment costs, and other operating expenses that are likely due now.
We help fill the gap and get you cash as soon as your invoice is generated.
At Catalyst, we specialize in this kind of oilfield services financing, commonly referred to as invoice purchasing, factoring, or accounts receivable financing. We can help you significantly improve cash flow at reasonable, competitive rates. We also know your customers and their requirements, so we can help you get started quickly.
Why factor with Catalyst:
Our team provides a level of service and personalized attention uncommon in our industry. You'll have a direct contact who manages your account and provides assistance with credit decisions.
- Highly competitive rates
- No long-term contracts
- No maintenance fees
- Online reporting
- Rebates paid weekly
- Advance rates up to 90%
- Daily reporting of receipts
- Recourse and non-recourse programs
- No exit fees
- Equipment financing available
Request Oilfield Services Financing Now
Complete as much of this quick form as you can and we will get your approval started!
You can also call us at 281-870-9182 to start the approval process right now!
Oilfield Services Financing Case Studies
Fixing COVID cash flow challenges
We helped this oilfield torque and test company grow through an increased line of credit and equipment financing. Read on to see how Catalyst helped this oil and gas company throughout COVID-19.
We worked with the bank to structure a different kind of payment plan.
A young fabrication company hit a rough-spot when the oil and gas market began to decline in 2015. They maxed out their line of credit with the bank and were upside-down in their payments. The borrower needed more working capital, but the bank couldn’t extend them anymore.
An established oil & gas company needed funding to operate during an industry downturn.
“Catalyst helped me with a customer in desperate need due to their current factoring company stopping their service very suddenly. Catalyst acted quickly and professionally. They worked with me and the customer to get them back to work. It was an easy process, and they are always there to answer any questions the bank or the customer might have.”
– Bank Partner
Factoring for Oilfield Service Company
This company was established because of the increased demand for welding and fabrication to service the fracking fleets in West Texas for the oil & gas industry. Catalyst helped fund their explosive growth.
Our funding helped Jaguar Fueling get to the next level in their business.
When Jaguar Fueling’s funding was impacted by Hurricane Harvey, Catalyst helped meet their cashflow needs and got them back to bank financing.
“I would totally recommend Catalyst. They have competitive rates and are large enough to service you but small enough to know you and help you grow.” – Amber Isaacks, Vice President, Jaguar Fueling
A new company needed funding to bring their vision to life.
As a new company with a great idea, Arion was introduced to factoring as a way to solve their cash flow challenges while preserving equity.
“Catalyst Financial has made the process and subsequent accounting seamless. They are experts in this field and work with you to ensure timeliness, accuracy, and completeness. Catalyst is very responsive and conducts their business exactly as promised.” – Elaine Lisenbe, Chief Financial Officer
Your financial interests are our top priority.
No long term contracts means that as soon as your business is ready, we help you transition to a traditional bank line of credit. Many of our customers actually come to Catalyst because their banker refers them and trusts us to provide the best service. Our average customer works with us for 18-24 months before qualifying for a line of credit.