#1 Rated For Oilfield Factoring
Need
Cash?
Oilfield Factoring Services
Yellow Truck

Who We Help

  • Water Haulers
  • Gravel Haulers
  • Vacuum Trucks
  • Frac Sand Haulers
  • Excavating
  • Site Preparation
  • Rig Movers
  • Roustabouts
  • Flatbed Carriers
  • Equipment Rentals
  • Pipeline Construction
  • Wireline Services
  • Crude Haulers
  • And More

We are the Oilfield Factoring experts

Get Paid Today

Call Now For Instant Quote
701-355-6271

Or submit the form below

* Required Field

Get Quote

Oilfield Factoring Process
Silhouette of Oilfield Workers

How It Works

In the Oil & Gas Industry 30 to 90-day pay terms are standard. These long pay terms can add "Cash Flow Stress" to growing companies.

Our specially designed Oilfield Factoring Lines can ease your stress and provide the cash you need to take advantage of this once in a lifetime Oil & Gas boom. What's more, Set-up is as easy as 1-2-3.

Call Today! 701-355-6271

© 2014 TCI Business Capital, Inc.

About North Dakota

*North Dakota is a state located in the Midwestern region of the United States of America, along the Canadian border. North Dakota is the 19th-largest state by area in the U.S. North Dakota is also the third least populous, with 672,591 residents as of 2010. North Dakota was carved out of the Dakota Territory and admitted to the Union on November 2, 1889, simultaneously with South Dakota. The state capital of North Dakota is Bismarck and the largest city is Fargo. The primary public universities in North Dakota are located in Grand Forks, Fargo and Dickinson. The U.S. Air Force operates Air Force Bases in North Dakota at Minot AFB and Grand Forks AFB.

For more than a decade, North Dakota has had a strong economy, with unemployment lower than the national average, job and population growth, and low housing vacancies.. Agriculture is the largest industry in North Dakota, although petroleum and food processing are also major industries. The energy industry is a major contributor to the economy of North Dakota. Much of the growth has been based on development of the Bakken oil shale fields in the western part of North Dakota, but it has also had growth in the technology and service sectors. Lignite coal reserves in Western North Dakota are used to generate about 90% of the electricity consumed, and is also exported to nearby states. North Dakota has the second largest lignite coal production in the U.S. The Great Plains area, which North Dakota is a part of, is called the "Saudi Arabia" of wind energy, Wind energy in North Dakota is also very cost effective because the state has large rural expanses and wind speeds seldom go below 10 mph.*Source-Wikipedia

North Dakota Oilfield Factoring - More Information

North Dakota Oilfield Factoring is the Oilfield Factoring division of TCI Business Capital. Since 1994, we have provided "Best in Class" Oilfield Factoring solutions to thousands of small to mid-size companies throughout North America.

We provide North Dakota Oilfield Factoring lines to Oilfield Service companies working on the front lines of America's energy sector. These companies choose North Dakota Oilfield Factoring services because they need working capital, but are not able to obtain sufficient financing from their bank.

We have separated ourselves from traditional lenders and other Oilfield Factoring Companies by eliminating the customary red tape that is common in the Oilfield Factoring industry.

Our streamlined Oilfield Factoring process is simple; you send us your invoices, and we pay you for them the same day. We then collect payment from your customers. It's that simple.

North Dakota Oilfield Factoring customers provide a wide range of upstream, midstream, and downstream services. Our Oilfield Factoring customers work for most of the Oil & Gas companies in North America.


Contact Information

North Dakota Oilfield Factoring
634 East Broadway, #1346
Williston, North Dakota 58801
701-355-6271

Or click here to learn more


North Dakota Oilfield Factoring for Oilfield Trucking Companies

We provide our Oilfield Factoring services to Oilfield Trucking companies nationwide. In this industry 30 to 90-day pay terms are standard. These long pay terms create "Cash Flow Stress" for Oilfield Trucking Companies.

Our "Easy to Set Up" Oilfield Factoring lines can ease that stress by allowing you to access the capital that is tied up in your Accounts Receivables. As a result, you will have the working capital you need to get caught up on bills, pay owner operators on time and make any equipment purchases necessary to take advantage of this once in a life time Oil & Gas boom.

What's more, with our simple and straightforward underwriting guidelines, most North Dakota Oilfield Factoring customers receive written approvals in 30 minutes or less.

We provide North Dakota Oilfield Factoring services to the following Trucking Companies:

  • Water Haulers
  • Rig Movers
  • Mud Haulers
  • Gravel Haulers
  • Hot Shots
  • Haz Mat Hauling
  • Frac Sand Haulers
  • Vacuum Trucks
  • Winch Trucks
  • Equipment Haulers
  • Flatbed Carriers
  • Crude Haulers
  • Pipe Haulers
  • Dump Trucks
  • And More
  • Whether you're a start-up just entering the Oil & Gas Industry or an established Oilfield Trucking Company, North Dakota Oilfield Factoring lines can help!

    North Dakota Oilfield Factoring for Oilfield Service Companies

    We provide North Dakota Oilfield Factoring service to Oilfield Service companies nationwide. In this industry 30 to 90-day pay terms are standard. These long pay terms create "Cash Flow Stress" for Oilfield Service Companies.

    Our "Easy to Set Up" Oilfield Factoring lines can ease that stress by allowing you to access the capital that is tied up in your Accounts Receivables. As a result, you will have the working capital you need to get caught up on bills, pay owner operators on time and make any equipment purchases necessary to take advantage of this once in a life time Oil & Gas boom.

    What's more, with our simple and straightforward underwriting guidelines, most North Dakota Oilfield Factoring customers receive written approvals in 30 minutes or less.

    We provide North Dakota Oilfield Factoring services to the following Oilfield Service Companies:

  • Roustabouts
  • Wireline Services
  • Environmental Clean Up
  • Well Servicing
  • Drilling Companies
  • Fishing Services
  • Flowback Testing
  • Tank & Pipe Cleaning
  • Pit Cleaning
  • Welding Services
  • Acidizing & Cementing
  • Plugging Contractors
  • Testing Services
  • Slickline Services
  • And More
  • Whether you're a start-up just entering the Oil & Gas Industry or an established Oilfield Service company, we can help!

    North Dakota Oilfield Factoring for Oilfield Supply and Construction Companies

    We provide North Dakota Oilfield Factoring services to Oilfield Supply and Construction companies nationwide. In this industry 30 to 90-day pay terms are standard. These long pay terms create "Cash Flow Stress" for Oilfield Supply and Construction companies.

    Our "Easy to Set Up" Oilfield Factoring lines can ease that stress by allowing you to access the capital that is tied up in your Accounts Receivables. As a result, you will have the working capital you need to get caught up on bills, pay owner operators on time and make any equipment purchases necessary to take advantage of this once in a life time Oil & Gas boom.

    What's more, with our simple and straightforward underwriting guidelines, most North Dakota Oilfield Factoring customers receive written approvals in 30 minutes or less.

    We provide North Dakota Oilfield Factoring services to the following Oilfield Supply and Construction Companies:

  • Excavating
  • Road Construction
  • Scoria Pit/Suppliers
  • Pad Builders
  • Gravel Pit/Suppliers
  • Water Purification
  • Site Preparation
  • Pipeline Construction
  • Fly Ash Suppliers
  • Disposal Wells/Sites
  • Frac Sand Suppliers
  • Hot Oil Services
  • Equipment Rentals
  • Drilling Equip Suppliers
  • And More
  • Whether you're a start-up just entering the Oil & Gas Industry or an established Oilfield Supply and Construction Company, we can help!

    North Dakota Oilfield Factoring - More information

    What is Oilfield Factoring? Oilfield Factoring is a transaction where an Oilfield Service Company sells (Factors) its Accounts Receivables, or invoices, to an Oilfield Factoring Company in order to improve cash flow. With Oilfield Factoring, the Oilfield Service Company will have immediate cash available for payables, payroll, maintenance, or improving equipment. Oilfield Factoring is not a loan, and therefore no debt is incurred.

    At North Dakota Oilfield Factoring, our program is different from a bank loan in two significant ways. First, North Dakota Oilfield Factoring places the emphasis on the value of the Receivables, not the firms credit worthiness or fixed assets. Secondly, Oilfield Factoring is not a loan, it is the purchase of a financial asset (the Receivable). The Receivable is a financial asset associated with the debtors liability to pay money owed to the seller for work performed or goods sold. The seller sells its Invoices (the Receivables) at a discount to North Dakota Oilfield Factoring to obtain the cash needed for day-to-day operations.


    Contact Information

    North Dakota Oilfield Factoring
    634 East Broadway, #1346
    Williston, North Dakota 58801
    701-355-6271

    Or click here to learn more


    Oilfield Factoring transfers ownership of the Receivables to the Oilfield Factoring Company. The account debtor is then notified of the sale and then remits payment directly to a lockbox designated by the Oilfield Factoring Company.

    At North Dakota Oilfield Factoring, we provide other mission critical services including credit analysis, risk assessment, a/r management, billing, collections, treasury and 24/7 web reporting.

    The three parts to Oilfield Factoring

    There are three integral parts to an Oilfield Factoring transaction.
    1. The fee, this is the amount an Oilfield Factoring Company will charge you for the service. Most Oilfield Factoring Companies will charge you a Factoring fee also known as a service charge as well as interest based on how long it takes the debtor to pay.
    2. The advance, this is the percentage of the face value of invoice, the Oilfield Factoring company pays you upon submission of that invoice.
    3. The reserve, this is the remainder of the total Oilfield Invoice amount held until the payment by the account debtor is made in full.

    North Dakota Oilfield Factoring - About

    North Dakota Oilfield Factoring is a leading Oilfield Factoring Company. Since 1994, we have provided "Best in Class" Oilfield Factoring solutions to thousands of small to mid-size companies all across North America.

    At North Dakota Oilfield Factoring we distinguish ourselves from other financial institutions with our "Get it Done" culture. We are proud to be recognized for our reliability, flexibility, responsiveness, innovative products, customer service, and exemplary corporate citizenship.

    The North Dakota Oilfield Factoring family is active in the community as we believe in helping those in need. Over the years, our support has been focused towards school-aged children, wounded veterans, countries hit by natural disaster, and victims of domestic violence. We take pride in supporting various organizations that share the belief that it is our duty and responsibility to help improve the lives of others.

    Call today and talk to one of our Oilfield Factoring specialists. Our specialists will give a free consultation on how Oilfield Factoring can help your business. With North Dakota Oilfield Factoring there is no red tape to cut through or bureaucratic maze to navigate. What's more, with our simple and straightforward underwriting guidelines, most of our Oilfield Factoring customers receive written approvals in 30 minutes or less.

    North Dakota Oilfield Factoring customers provide a wide range of upstream, midstream, and downstream services. Our customers work for most of the Oil & Gas companies in North America including:

  • Anadarko Petroleum
  • Encana Oil & Gas
  • Marathon Oil
  • Rosetta Resources
  • Anschutz Exploration
  • Endeavor Energy
  • Marathon Oil EF
  • Sabine Storage
  • Apache Corp
  • Enerplus
  • Matador Production
  • Samson Lone Star
  • Baker Hughes Inc
  • Enervest Operating
  • Mewborne Oil
  • Samson Resources
  • Basic Energy Services
  • Ensign Energy Services
  • Mull Drilling
  • Sandridge E & P
  • BHP Billiton
  • EOG Resources
  • Murphy Oil Corporation
  • Schlumberger
  • Bill Barrett Corp
  • EP Energy
  • Nabors Industries
  • Sheridan Exploration
  • Brigham Oil & Gas
  • Escondido Resources II
  • Nadel & Gussman
  • Slawson Exploration
  • Burlington Resources
  • Exco Resources
  • Newfield Exp Mid-Con
  • SM Energy
  • Burnett Oil
  • Fasken Oil & Ranch
  • Newfield Exploration Co
  • Southwestern Energy
  • Cabot Oil & Gas
  • Fidelity E & P
  • Noble Energy
  • Summit Energy
  • Callon Petroleum
  • FIML Natural Resources
  • Nomac Drilling
  • Superior Well Services
  • Carrizo Oil & Gas
  • Forest Oil
  • Oasis Petroleum
  • Talisman Energy USA
  • Chesapeake
  • Gulfport Energy
  • OXY Permian
  • Three Rivers Operating
  • Chevron
  • Halcon Resources
  • OXY USA
  • True Oil
  • Choice Exploration
  • Halliburton
  • OXY USA WTP
  • Ultra Petroleum
  • Cimarex Energy
  • Helmerich & Payne
  • Parsley Energy
  • Unit Drilling Company
  • Citation Oil & Gas
  • Hess Corporation
  • Patterson - UTI Drilling
  • Unit Petroleum
  • Clayton Williams Energy
  • Hilcorp Energy
  • Petro-Hunt
  • W & T Offshore
  • COG Operating
  • Hunt Oil
  • Pinnergy, LTD
  • Whiting Petroleum
  • Comstock Resources
  • Jetta Operating
  • Pioneer Energy Services
  • Williams Production
  • Conoco Philips
  • Jones Energy
  • Pioneer Natural Resources
  • WPX Energy
  • Continental Resources
  • Kodiak Oil and Gas
  • Precision Drilling Trust
  • XTO Energy
  • CrownQuest Operating
  • Laredo Petroleum Holdings
  • QEP Resources
  • Yates Petroleum
  • Denbury Resources
  • Latshaw Drilling & Exploration
  • Quicksilver Resources
  • Zavanna LLC
  • Devon Energy
  • Linn Energy
  • Range Resources
  • Z Energy
  • And Many More
  • And Many More
  • And Many More
  • And Many More
  • North Dakota Oilfield Factoring Blog & News

    TCI Oilfield Factoring to offer Oilfield Factoring Companies services at the 2014 DUG Eagle Ford conference in San Antonio

    TCI Oilfield Factoring offers cash flow financing to Oilfield & Gas service companies

    Burnsville, MN - (September 15, 2014) - TCI Oilfield Factoring, one of North America's leading oilfield factoring companies, will once again be exhibiting at the 2014 DUG Eagle Ford conference, in San Antonio TX, from September 16 - 17. The DUG Eagle Ford conference is taking place at the Henry B. Gonzalez Convention Center. Greg DeBenedetto, Senior VP, Business Development for TCI Oilfield Factoring, will be available each day at booth #9086.

    "It's a great time to be involved in the oil and gas exploration industry in Texas," says Greg DeBenedetto. "The Eagle Ford Shale has great potential for new exploration. With the opportunities in the Eagle Ford, we have seen a huge demand for Oilfield factoring services in Texas. As oilfield service providers continue to grow and expand, many are facing many new challenges, especially on the side of cash flow. Today, 30 to 90-day pay terms are common. These long pay terms make it difficult for oilfield service companies to meet their working capital needs. Working capital lines from oilfield factoring companies like TCI Oilfield Factoring address these challenges by not only maximizing cash flow, but also by greatly reducing the Accounts Receivable turn through increased efficiency in the billing process."

    "At TCI Oilfield Factoring, we've built a solid reputation as one the leading oilfield factoring companies in North America," says Greg DeBenedetto. "Our understanding of the Oil exploration and production industries sets us apart from other factoring companies. With many factoring relationships spanning years, we're happy to share not only our experience, but also our insights into the successes that our clients have enjoyed with the improved cash flow that TCI Oilfield Factoring provides."

    To learn more about the difference between TCI Oilfield Factoring and other factoring companies, or to speak with Greg DeBenedetto at the DUG Eagle Ford conference contact:
    Greg DeBenedetto
    Senior VP Business Development
    12270 Nicollet Ave South
    Burnsville, MN 55337
    952)-656-3400
    800)-707-4845

    About TCI Oilfield Factoring
    TCI Oilfield Factoring is the oilfield factoring division of TCI Business Capital. Founded in 1994, TCI Business Capital is a privately held, international financial services company based in Burnsville, MN. TCI Business Capital provides a full range of business financial services including: accounts receivable management, collection services, credit analysis, factoring services, risk assessment, treasury and more. TCI assists Oilfield Service and Supply Providers throughout North America. The company is proud to be recognized for its reliability, flexibility, responsiveness, innovative products, customer service, and exemplary corporate citizenship.

    Read more of the North Dakota Oilfield Factoring Blog & News


    For more information on North Dakota Oilfield Factoring, please call 701-355-6271

    North Dakota Oilfield Cash| North Dakota Oilfield Factoring Company| North Dakota Oilfield Factoring Companies| North Dakota Oilfield Factoring Service| North Dakota Oilfield Factoring Programs| North Dakota Oil and Gas Factoring| North Dakota Oil & Gas Factoring| North Dakota Oilfield Invoice Factoring| North Dakota Oilfield Accounts Receivable Factoring| North Dakota Factoring Oilfield Invoices| North Dakota Factoring Oilfield Receivables| North Dakota Factoring Oilfield Services| North Dakota Oilfield Account Factoring| North Dakota Oilfield Accounts Factoring| North Dakota Oilfield Business Factoring| North Dakota Oilfield Factoring Services| North Dakota Oilfield Receivable Factoring| North Dakota Oilfield Receivables Factoring| North Dakota Oilfield Small Business Factoring| North Dakota Crude Hauling Companies| North Dakota Equipment Hauling| North Dakota Flatbed Truckers| North Dakota Frac Sand Hauling| North Dakota Gravel Hauling| North Dakota Hot Shot Trucking| North Dakota Mud Hauling| North Dakota Pipe Hauling Companies| North Dakota Rig Moving Companies| North Dakota Vac Trucks| North Dakota Water Hauling| Sitemap| Terms & Conditions| Contact Us