First I want to thank Oil Capital USA/Capital Partner team for all of your help. Our company is thriving because we have been Factoring our Invoices with your new flexible Oilfield Invoice Factoring Solution.
We were hesitant to factor in the beginning. You showed me how easy it was to use oilfield invoice financing and present oilfield factoring to our bank. That helped a lot.
My capital and cash-flow was dwindling more and more as time went by. I was researching the use of oilfield invoice factoring or invoice financing in order to get my money sooner so we could survive this recession. Almost all of the factoring companies that I talked to did not want to work with a small business such as my company.
Then I came across Oil Capital USA & Capital Partners and they were excited about stepping up and helping my business grow. It takes time to build a business and they understood that. Since we partnered with Oil Capital Partners, all of my money worries have gone away and I have been able to concentrate on building my business. What an exciting feeling it is to know that they have my back in any projects that I want to do.
Our cash flow was a big struggle trying to meet all the demands of a small business in oilfield swabbing, drilling and hauling services. With your flexible invoice factoring, we were able to have the drilling equipment we have now and able to employ more oilfield workers.
Due the latest growth in our industry, you’ve been able to work with us and increase our Line of Credit and its’ all because our company is growing. We now have more tank trucks that we have paid for. We can meet payroll, workman’s comp and other insurance demands instead of struggling with our bills.
We have been working with a BIG Oilfield Client for about 8 months. We are happy for the work they have given us. Now, we have been working 24 hours a day 7 days a week. Around here when you are working for a Big Oilfield Client; you are really working for a great company. The oilfield service work that we are currently doing is in high demand. Tank trucks are in need. The forecast for this kind of work is for years to come.
We appreciate all of the help that every one of you at Oil Capital USA have given us. We couldn’t have done it without you.
Swabbing and Hauling Service Company- Owner