Crews and equipment are paid on time; operator invoices often are not. Houston service companies can apply in five minutes, with funding in as little as 24 hours.
Apply Now →An oilfield service company does the work, sends an invoice and waits for the operator or prime contractor to pay. In between, crews, fuel, equipment and insurance are paid on their own timetables. A company can be busy and still short on cash because the money it earned is sitting in someone else's accounts payable.
Houston, in Southeast Texas near Galveston Bay and the Gulf of Mexico, is the most populous city in the state, with 2.3 million residents at the 2020 census. The surrounding economy includes oilfield service, equipment and supply businesses, hauling firms and the restaurants, hotels and shops that serve field crews.
This page is about three narrow uses: payroll, equipment and the gap before receivables are paid. Funding decisions depend on the individual business, and oil-price-sensitive accounts are looked at case by case. Nothing here is a promise of approval or a statement of terms.
| Use | Why it comes up |
|---|---|
| Crew payroll | Field crews are paid weekly; invoices are paid on the customer's schedule |
| Equipment | Pumps, trailers, trucks and tools wear out and need replacing between jobs |
| Receivables gap | Cash needed to start the next job while the last invoice is unpaid |
A small shop that does well with one customer can feel the delay more sharply than a large firm, because it has fewer dollars in reserve.
A Houston company that supplies tank trucks to a field operation completes a month of work and bills $120,000. Payroll, fuel and repairs for the month totaled $70,000, and payment is not expected for several weeks. These figures are invented to show the timing and are not our terms or typical outcomes.
With working capital, the owner can keep the next job moving rather than idle trucks while waiting. The funding is sized to the gap, not to the total invoice.
See working capital for payroll gaps and equipment financing for trucks and gear. Also relevant: business line of credit, term loans, merchant cash advances and same-day funding. Nearby Houston industries are port drayage and logistics, medical practices and storm recovery. Regional overviews: Greater Houston and Harris County. Apply in about five minutes.
Decisions are made case by case for each business. This page covers payroll, equipment and receivables-gap uses and makes no promise of approval.
Equipment replacement is a common use. Amounts run from $25,000 to $5,000,000.
That is the receivables gap this page is about. Working capital is meant to bridge it, but it does not change how fast your customer pays.
Sole proprietors can apply.
In as little as 24 hours after a five-minute application with a soft credit pull.
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
