Home >>> Oilfield Equipment Financing >>>Factor Financing and Cash Flow from Receivables

What are the advantages of factor financing?

Get your money when you invoice your customers.  No waiting for them to pay.  

The factor company will pay you within 2-3 of invoice.

No debt, no loan, and you don't have to borrow.  You sign the invoice over to the factoring company and they collect it.

Better cash flow:

Have the capital to finance larger bids

Take advantage of vendor early payment discounts.

This improved cash flow through factoring allows you to:

Removes "feast and famine" income and replaces it with a constant paycheck.

Provides a professional team working for your business.

Removes all in-house collection activities, our affiliate assumes collection activities if needed.

Allows you to focus on the positive and get on with sales and service. 

May provide you with a lender once you have built up a history with the financing company.

How does factor financing work?

Factor financing provides you with 80% of the money from your receivables within 24 hours of invoicing.

Rates depend on the credit status for your customer.

Who can benefit from factoring?

Any and every business that wants to improve it's cash flow, receipt of receivables, and automation of billing, deposits, and collections.

* Disclaimer: Oilfield-Auction.com and Falcon Industries, LLC. do not dispense financial advice.  Please contact your tax expert.  (Click to go back to top of page.)

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