Running an oilfield business requires steady, predictable access to capital. Unfortunately, you never know when customers will pay you. It could be weeks or even months. Here’s your answer: Factoring your invoices with SMG transforms oilfield invoices into immediate cash so you can:

  • Increase working capital.
  • Invest in more equipment.
  • Pay your bills on time.
  • Hire more workers and win more profitable projects.

We work with the following Oilfield Trucking Companies:

  • Cargo Tank Haulers
  • Concrete Delivery
  • Construction Hauling
  • Crude Haulers
  • Dispatch Services
  • Drop Deck Fleets
  • Dump Trucks
  • Equipment Hauling
  • Flatbed Carriers
  • Frac Sand Haulers
  • Gravel Haulers
  • Haz Mat Hauling
  • Heavy Hauling
  • Heavy Machinery
  • Hot Shots
  • Liquid & Gas
  • Local Hauling
  • Lowboys
  • Mud Haulers
  • Pipe Haulers
  • Rig Transportation
  • Roll-Offs
  • Utility Fleets
  • Vacuum Trucks
  • Water Haulers
  • Winch Trucks
  • And More

  • 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. 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.

    Let us give you the steady cash you need to drive your oilfield business ahead. Because you never know when or where opportunity may strike.

      

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