An oilfield service company pays its crew every week and waits on operators to pay invoices. This page is about carrying that gap, not about guessing the oil market.
Apply Now →The crew is paid weekly, but the first invoice for the first week’s work may not be paid until well into the next month or later. That lag, multiplied across several crews and jobs, is the working-capital need.
Midland is the county seat of Midland County and, in the Wikipedia description, a major center for American oil and natural gas production. Service companies there work for operators with their own approval chains, so invoices can wait on field-ticket review, purchase-order matching or a vendor payment run. None of that reflects on your work. It simply means that your payroll runs on your calendar while your receivables run on theirs.
| You pay | On |
|---|---|
| Crew wages | Weekly or biweekly |
| Fuel and consumables | At the pump or on short terms |
| Equipment payments and repairs | Monthly or when a unit fails |
| Insurance | On policy schedule |
The operator pays you on their own timetable, which is the one that matters least to your payroll and most to your cash.
We do not forecast oil prices or predict how busy the field will be, and nothing on this page should be read that way. Funding is described only through payroll, equipment and receivables-gap uses. If a gap exists because work is slow, funding does not solve a demand problem; if it exists because a large invoice is unpaid, it can bridge the wait.
For illustration only, not our terms: if a crew costs $22,000 a week and the operator is expected to pay roughly five weeks after the work, the carry is about $110,000 for one crew. Two crews double it. Request the amount that covers the worst point, plus a cushion.
Funding runs from $25,000 to $5,000,000, funded in as little as 24 hours once the file is complete. The application takes about five minutes with a soft credit pull, and sole proprietors can apply. Before accepting, compare the amount received, total repayment and when repayment starts against how soon the invoices should be paid.
Related: equipment suppliers and machine shops, hauling, or the Permian Basin overview. Start your application.
Payroll and fuel are paid weekly, while operator invoices are paid on the operator’s approval cycle. The gap between them is what needs funding.
Funding bridges timing, not demand. If revenue itself has dropped, borrowing more may only extend the problem.
Multiply weekly crew and fuel cost by the weeks until you expect payment, then add a cushion for one late invoice.
A specific asset is usually better compared through equipment financing than through general working capital.
Yes. Sole proprietors can apply, and the application is about five minutes 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
