The U.S. oil and gas industry is seeing an explosion in growth as we move toward reduced dependence on foreign energy sources. As the technology available for locating and extracting both oil and gas energy sources expands and improves at quite a fast pace, the demand for domestic energy continues to increase. The U.S. Energy Information Administration (EIA) projected that there are around 2,200 trillion cubic feet of gas resources in the United States, which is enough to last 100 years.
But what does this rapid growth mean for you? As a supplier of equipment and services in this industry, you’re tasked with delivering to your customers on time. In order to do that, you need to be able to meet your working capital needs. In the future, being able to invest in the ongoing growth of your business to meet demand is also important.
The solution to meeting your short-term cash flow needs is to fund your operating and growth requirements through invoice factoring. Flexibility is important to us at CoreFund Capital because we know it’s important to you. We never have volume minimums or force you to factor all your invoices, just the ones that you want to!
You can count on CoreFund Capital to help you grow right alongside the oil and gas industry. Contact us today so we can get your business moving.