Oilfield Factoring in Tulsa, OK

Tulsa is the historic oil capital that became the pipeline capital — home to major midstream companies and the engineering, fabrication, and field-services ecosystem that builds and maintains the nation's energy infrastructure. Pipeline and midstream work invoices on 45 to 90 day terms; the welders, inspection crews, and haulers it employs run on weekly paychecks. Oilfield factoring converts approved invoices to cash: typically 85-95% advanced within a business day. Y Millennial Funding offers oilfield factoring for Tulsa-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.