Most businesses in the Gas and Oil industry could make more money if they had more of their money. Funds could be used to hire more people or purchase more efficient machinery, drill heads,etc.., purchase product and supplies at a discount, or generally increase sales. However, many Oil companies have thirty plus days of sales tied up in accounts receivable. Factoring solves that by funding cash on invoices immediately instead of having to wait thirty days, sixty days or more.

OIl & gas

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