The oil and gas industry plays a critical role in the global economy — but it’s also one of the most unpredictable. Between fluctuating market prices, extended payment terms, and high operating costs, even established companies can face tight cash flow. Many energy businesses wait 30, 60, or even 90 days for client payments, while daily expenses like fuel, payroll, and equipment maintenance can’t wait.

Oilfield factoring offers a practical solution. By converting unpaid invoices into immediate working capital, oilfield service providers can maintain stability, take on new projects, and keep their operations running without financial interruptions.

What Is Oilfield Factoring?

Oilfield factoring is a financial tool designed to help energy sector companies access the cash tied up in unpaid invoices. Instead of waiting weeks or months for payment, a business can sell those invoices to a factoring company — like Single Point Capital — in exchange for an advance on the total amount.

This process gives companies immediate cash to cover operational expenses, pay employees, purchase materials, or invest in growth opportunities. Once the client pays the invoice, the remaining balance (minus a small fee) is released.

For oilfield companies working on large-scale projects or dealing with lengthy payment cycles, factoring ensures the cash flow needed to stay efficient and competitive.

How the Process Works

The factoring process is straightforward and built for speed — which is crucial in an industry where timing matters.

Submit Your Invoices: After completing a job, submit your unpaid invoices to Single Point Capital.

Get Approved & Funded: Once approved, you’ll receive an advance of up to 98% of the invoice value, often within 24 hours.

We Handle the Rest: Single Point Capital manages payment collection from your clients while keeping you informed every step of the way.

Receive the Remaining Balance: When your client pays the invoice, we release the remaining funds, minus a small factoring fee.

This system gives you fast access to working capital without taking on debt or adding monthly payments to your balance sheet.

The Benefits of Oilfield Factoring

Oilfield factoring provides several key advantages for companies in the energy and exploration sectors:

1. Consistent Cash Flow

Oilfield operations are capital-intensive, and even a small delay in payment can create major challenges. Factoring ensures steady access to cash so you can manage payroll, fuel costs, and vendor payments without interruption.

2. Faster Access to Capital

Unlike traditional loans that require lengthy applications and credit checks, factoring delivers funds within a day — helping you respond quickly to business demands and opportunities.

3. Reduced Financial Risk

By converting invoices to cash immediately, you reduce your exposure to late or non-payments. Single Point Capital also performs credit checks on your customers, helping you make informed decisions before taking on new contracts.

4. Flexibility as You Grow

Factoring scales with your business. The more you invoice, the more working capital becomes available — without taking on additional debt.

5. Industry Expertise

At Single Point Capital, we understand the oil and gas supply chain — from field service providers and equipment suppliers to logistics and maintenance crews. Our factoring solutions are built specifically for the cash flow challenges of the energy sector.

Why Oilfield Companies Partner With Single Point Capital

The oilfield industry requires more than funding — it requires a financial partner that understands the pace and pressure of the energy market. Single Point Capital delivers that partnership through:

Same-day funding for approved invoices

Credit checks and risk management tools

Dedicated account representatives who know your business

Flexible programs that grow with your operations

Our goal is simple: to help energy companies stay liquid, stay operational, and stay competitive — no matter the market conditions.

Keep Your Operations Moving with Confidence

Oilfield factoring gives you the freedom to focus on your core business — not collections or payment delays. With Single Point Capital, you gain a reliable financial foundation built on transparency, speed, and support.

Whether you’re servicing rigs, transporting equipment, or providing field maintenance, our customized factoring programs keep your cash flow steady and your business moving forward.