The oil and gas industry has fluctuated drastically over the past couple of years with economic highs and lows based on supply and demand across the country. Factoring provides a resourceful cash flow strategy allowing the oil & gas industry to choose their accounts receivable payout timeline based on their needs versus simply waiting to be paid. It is a powerful tool to have during the economic crisis and resulted in thousands of dollars saved in fees.
Corporate Billing has worked with the transportation industry for more than 25 years providing solutions that WORK for you with NO Contract periods, NO minimum requirements, and Reasonable Costs allowing you to work on your business instead of chasing down a late payment.
You will spend more time managing your relationships and running your business with immediate access to your cash. Because when you choose Corporate Billing, you’re getting more than access to capital: you’re partnering with a team of subject matter experts and professionals who understand the complexities of your business. We are here to offer you credit services, billing assistance, 24-7 accounts monitoring, and collection services. We are a team of professionals here to provide custom financing solutions, flexible terms, and the assurance that your needs are met in a timely manner.
Factoring Options Offered: We offer our members two types of factoring options: Recourse Billing and Non-Recourse Billing. There are no long-term contracts as we earn your business every day.
Recourse Billing Factoring: We fund the invoices minus a small reserve and our fee. Our team handles all of the billing, credit work, posting, and collections, and upon payment of the invoice, the reserve is returned!
Non-Recourse Billing Factoring: The invoice is 100% funded minus our fee and all billing, collections, credit work, and payment posting is done by our team. **We Take the Risk**
Advantages of Factoring:
– NO Debt as it is not a loan.
– Paid within 24 hours.
– SAVE THOUSANDS. Put more money in your pocket by increasing cash flow.
– Control your cash flow.
– Choice. Choose the invoices you want to process.
– Flexibility. No contract periods. No Minimum Requirement.
– Bid on bigger projects and grow to your full growth potential.
We have provided thousands of clients in the United States and Canada with access to capital and a suite of other customized solutions on flexible terms. Contact Us Today! 877.584.3600 or sales@corpbill.com.