Energy Services Factoring
Our nation’s industries depend on energy to operate smoothly and efficiently. As an energy services company, you know how vital energy management and cost savings is to the growth of companies. Unfortunately, your company’s growth can be slowed or halted by slow-paying customers.
Cash flow is essential to the growth and survival of your energy services company. As you grow and develop new business opportunities, your need for capital increases. As a factoring company with experience working with the energy services industry, we know the challenges faced by a growing company like yours can include:
- Growth opportunities that require significant capital investment
- Large companies demanding aggressive credit terms
- Slow accounts receivables placing a strain on cash flow
- Fluctuating sales volume due to seasonal or other factors
- Recently formed companies without established credit or financial relationships
- Rapid growth with insufficient earnings or sales histories
- Company principals with poor credit histories
Factor Funding has years of experience offering traditional invoice factoring services to small and medium-sized companies. We have combined that with our knowledge of the energy services industry to offer your company solutions to its cash and capital challenges.
Energy Services Factoring Solutions
Factor Funding Co has created unique factoring services to meet the needs of companies like yours in the energy services industry. Our knowledge and expertise gained from working with energy services companies allow us to offer your business the cash it needs to meets its obligations and take advantage of opportunities, including:
By factoring a portion of your outstanding invoices at regular intervals, your company can have a consistent flow of cash. Instead of waiting months for payment, your company can have the cash it needs as soon as it ships an order.
- Weekly payroll and daily operating expenses
- Sudden available growth opportunities requiring capital investment
- Staffing and other expenses needed to fulfill contractual obligations to customers
- Expansion into new markets
- Training and upgrading to keep pace with changing technology
Achieving a steady flow of cash is the key to growth and survival. Just meeting the needs of your current customers will not help your company’s growth. Our factoring solutions give you the cash you need to pursue new accounts.
Help for your
Factor Funding Co can convert your energy services accounts receivables into cash. Bank loans can be slow, expensive and add monthly payments to your accounts payables. Invoice factoring gives you the immediate cash you need with no repayment burdens.
GET IN TOUCH WITH FACTOR FUNDING
What better way to finance your business than with an expert with decades of experience helping other energy service company owners grow their businesses?
Running a business isn’t easy, and figuring out financing on your own is even harder. Waiting around won’t help you pay your expenses.
Reach out to our financing experts to chat about your financial needs and learn how we can partner with you to help you achieve your business goals. Here’s to your success!