Every barrel of oil generates several barrels of produced water (i.e., brine) and flowback. These liquids are environmentally dangerous due to their high concentration of salt, organic compounds, and chemicals. Consequently, they must be disposed of properly. There is a large demand to haul and dispose of production fluids from wells. Companies in this segment […]
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Invoice Factoring For School Bus Companies
Most public schools provide bus service to students who live in the area. In most cases, these buses are owned by subcontractor owner-operators and not the local school district. A school bus contract can be a major benefit for a bus company because it provides reliable revenue to the company during the school year. However, it […]
Invoice Financing for Oilfield Service Companies
The oil and gas industry is known for being somewhat unpredictable. Demand for products and services can change quickly with little if any notice. Actually, sudden increases or increases in supply and demand are not uncommon. These drastic changes create financial hardships for small oilfield service companies. This article discusses three strategies to help improve […]
Factoring for Oilfield Transportation Companies
Summary: Oilfield transportation companies handle some of the most difficult loads in the transportation industry: heavy haul, oversized, chemicals, and specialized fluids. Additionally, companies often provide storage facilities as part of the services. The complexity of their services makes oilfield transportation companies difficult to operate. Managing the company’s cash flow can be as challenging as […]
Freight Financing for Trucking Companies
Most trucking companies are started by drivers who invest their own money to launch and grow the company. While many drivers have a great deal of industry experience, they don’t always have a lot of money. Often, this situation prevents them from reaching their full potential. It also leaves them open to cash flow problems. […]
Invoice Factoring for Landscaping Companies
Most commercial clients pay their invoices in 30 to 60 days. These terms can create cash flow problems for landscaping companies that can’t afford to wait for the payment. Invoice factoring allows you to solve this problem by financing slow-paying invoices for commercial clients. This solution improves your cash flow and allows you to grow […]
Invoice Financing for Underground-Utility-Locating Companies
Many underground-utility-locating companies find it challenging to wait 30 to 90 days to get paid by commercial clients. Offering payment terms is a standard business practice. However, it can create cash flow problems for companies that aren’t well-capitalized. This article explains how to improve cash flow by financing invoices using factoring. The article covers the […]
Purchase Order Financing Qualification Requirements
Purchase order (PO) financing has been gaining popularity as a tool to fund large purchase orders. However, many prospective clients often misunderstand what is needed to qualify for this solution. Clients often believe that they only need a substantial purchase order to qualify. Unfortunately, this assumption is wrong. Transactions often have a lot of moving […]
Business Financing for Aviation Parts Suppliers
Several financing options are available to companies that supply parts to the aviation industry. Your situation and objectives should determine the type of financing you use. This article reviews some financing options companies can use based on their challenges. The following topics are covered: 1. What challenges are you trying to solve? Business owners often […]
Financing For Chemical Manufacturing Companies
Managing the cash flow of a small chemical manufacturing company can be complicated. Unless the company has financial reserves, it probably needs financing to operate effectively. For most chemical manufacturing companies, working capital problems arise because of the difference between how expenses are managed and how revenues are received. A common cash flow problem Chemical manufacturing […]