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Oilfield & Gas

Invoice Financing for Oilfield Services

Over 17 Years in Business

Recent Transactions

£100,000

To Small Van Courier providing deliveries in Ireland.

£250,000

To Small fashion importer and exporter

Invoice Financing for Oil and Gas Industries

The UK has a clear comparative advantage in the offshore oil and gas industry. While the economy seeks to accelerate out of recession, it should be recognised that the indigenous oil and gas industry acts as an important engine for growth. The industry continues to make the economy as a major source of employment, energy, technology, tax revenues and investments.

Considering the importance of the oil and gas industry, we support everything from upstream production and service sector businesses, through to refinery and downstream businesses. The oil and gas industry in the UK is made up of companies which range in size from sole operators to businesses with over 100,000 staff. It is a technology driven industry and most of the creativity and innovation stems from the smaller companies. The small and medium enterprises constitute the main fabric of the upstream oil and gas supply chain. We have specialised bespoke solution to support the needs such small and medium enterprises as well.

Why Choose Us?

Accounts Receivable Financing is our Business. 17+ years in business

  • Discounting Rates at 1.59% - 3.5%
  • Optional Libor & Admin fee
  • Credit Lines starting at £20,000 & up to 10 million
  • No Financials - No monthly minimums - No invoice minimums
  • No facility fees - No audits - No up-front fees - No hidden fees
  • Set up account in 3 to 5 working days - 24 hr funding thereafter
  • Customer referrals upon your request
  • We Make Same Day Decisions

Tool for working capital

As a working capital enhancement tool, we offer specialised services to the oil and gas industry. You can avail our factoring services wherein you would sell your invoices to us. In return we will process the invoices and allow you to draw against the money owed to your business. In this way, you can make use of our effective debt collection and ledger maintenance service also.

Invoice discounting is an alternative way to draw money against your invoices. However your business would retain the control over the administration of your sales ledger. Apart from providing finance, you can also gain from our valuable credit insurance and support services.

We also provide supplier finance wherein your suppliers would be provided with low-cost finance, as part of a flexible settlement system. This would improve the cash flow position of both you and your suppliers.

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Receivable Financing Rates

Discount Rates at 1.59% to 3.5%

  • Quick Approval Process!
  • No Financials up to $350k
  • Easy Set-Up in 3 to 5 Days
  • Over 17 years in business