Oilfield Factoring in Oklahoma City, OK

Oklahoma City is home base for the state's energy economy — operators headquartered downtown, service companies staged across the metro working the SCOOP, STACK, and Anadarko Basin plays, and a service-sector tradition as old as the industry itself. The work invoices on 45 to 90 day operator terms; the crews and trucks run daily. Oilfield factoring converts approved-ticket invoices to cash: typically 85-95% advanced within a business day. Y Millennial Funding offers oilfield factoring for OKC-area service companies, and revenue-based funding from $50,000 in monthly revenue, approved on receivables and revenue rather than credit. Factoring is the purchase of receivables, not a loan. Not all applicants qualify.