Oilfield Factoring Solutions for Gas, Oil and Energy Companies

5Riviera Finance understands the challenges facing companies from all corners of the oil, gas, and energy sectors, so we work as your cash flow partner to help with these challenges. For more than four decades, we’ve provided invoice factoring and financing solutions to a host of businesses in energy-related industries, including:

  • Water Haulers
  • Roughneck Crews
  • Welding & Fabrication
  • Torque/Testing Equipment
  • Riggers
  • Swampers
  • Frac Tank Builders
  • Heavy Haulers
  • Hot-Shot Delivery
  • Roustabouts
  • Crane Operators
  • Field Safety Reps

Our Invoice Factoring for Oil & Gas Programs are Designed for Your Control and Growth:

Maximum Cash Flow – Up to 95% of billed amount within 24 hours

Total Flexibility – Funding on demand when you need it, short-term programs available and grows as your company grows

Financial Freedom – No debt is created

Bad Debt Protection – Credit guarantees on the invoices we factor

Oilfield service providers and suppliers to the oil & gas industry often run into cash flow problems when they have to wait 30-60 days for payment.  In the meantime, they have expenses to cover such as payroll, taxes, materials & equipment, repairs & maintenance, and other operating costs.  Factoring the oilfield invoice gets you paid immediately at time of invoicing.

Benefits of Oilfield Factoring with Riviera

  • Immediate cash for your invoices
  • Credit protection: once we buy your invoices, the advance is yours to keep
  • 24-hour funding
  • Credit approval is based on your customers’ credit
  • Instant/free online credit approvals
  • Increase working capital

No matter your role in the oil and gas industry, Riviera Finance can help you fulfill your goals as your cash flow partner. Fill out the application here to get started!

Why Work with Riviera Finance

Riviera Finance can work with your budget, no matter the size. We have funds available from $10,000 to $2 Million per month to cover your company’s financial needs. With local invoice factoring offices in more than 30 cities, we will serve you with personal attention to help you meet and exceed your goals.

Contact a local business manager today. We look forward to working with you.

riviera finance fast credit - 2

 

Riviera’s FastCredit is one of the first tools in the factoring industry that offers an instant, automated credit approval. See what it’s all about.

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