Crews get paid weekly; the operator pays on its own schedule. Here is how Corpus Christi service companies think about the receivables gap.
Apply Now →A service company that hauls, repairs, inspects or supplies for oil and gas operators is paid after the job. The crew was paid on Friday, the truck needed fuel and tires, and the operator's accounts payable department will pay on its own terms, often weeks later. The result is a company that is busy and short on cash at the same time.
Corpus Christi, with 317,863 residents at the 2020 census, is a coastal city in the Coastal Bend with port, marine and coastal business all around it. Oil and gas operators work across several Texas regions, including the Permian Basin, the highest-producing US oil field, and the Eagle Ford shale. A service firm based here may follow work wherever the operators send it.
Nothing on that list can wait for the operator. That is the structure of the gap, and it is why a receivables-gap framing makes sense for this industry.
If an operator has accepted the work and the invoice is clean, a short-term bridge can cover payroll until the payment arrives. The size of the need is the invoice amount outstanding, not the entire year of revenue.
Operator budgets rise and fall with oil prices. A service firm that depends on one or two operators carries concentration risk that funding does not remove. Whether a funder can work with an oil-price-sensitive account depends on the account itself, and we do not promise any outcome. Applying is how you find out.
A new truck, trailer or inspection tool is an asset that will work for years, so many owners prefer funding that matches its useful life. Mixing equipment purchases and payroll bridges in one request makes it harder to tell which decision is working.
| Question | If yes | If no |
|---|---|---|
| Is the invoice already approved by the operator? | A bridge may be sensible | Wait or resolve the dispute first |
| Is the purchase an asset with a long life? | Consider equipment-style funding | Consider a short-term bridge |
| Does one customer make up most of your work? | Expect closer review and plan for risk | Better spread of risk |
Keep job tickets, signed field orders and invoices organized by customer. When an invoice is late, the documentation is what lets your office chase it. For general reading on the area, see Coastal Bend business funding, Nueces County, and sibling pages for port drayage, marine businesses and storm restoration.
Costs such as labor and fuel are paid weekly, while operators pay invoices later. The more work you do, the larger the unpaid balance can become.
Funders may look closely at accounts that are sensitive to oil prices. We cannot promise an outcome; each file is reviewed on its own.
Sole proprietors can apply. We describe general cash-flow practice and do not promise funding for long-haul trucking.
Usually yes. Equipment lasts years and payroll gaps last weeks, so separate requests make each decision easier to evaluate.
Three months of business bank statements and a 5-minute application. FICO 500+ considered. $25,000 to $5,000,000, funded in as little as 24 hours.
Apply Now →It takes about two minutes and it will not affect your credit score.
No obligation • No impact to your credit score
