Oilfield Factoring in San Antonio, TX

San Antonio is the service capital of the Eagle Ford Shale — the staging city where water and crude haulers, sand trucks, roustabout crews, and rental yards dispatch south to the play's counties and invoice operators on 45 to 90 day terms while crews and trucks run around the clock. Oilfield factoring converts those approved-ticket invoices to cash: typically 85-95% advanced within a business day. Y Millennial Funding offers oilfield factoring for San Antonio-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.