Oil and gas factoring

Oil & Gas Factoring

Mazon Associates has served clients in the oil & gas industry for years, providing the cash on hand needed to meet the demands of day to day operations. Whether your oilfield business is in West Texas, Oklahoma or New Mexico, Mazon factoring services can help you grow your business.

New and growing companies benefit tremendously from factoring. Most new small companies, particularly oil and gas companies, can’t qualify for typical bank loans. Even if a small company qualifies for a bank loan, they may be better suited for factoring.

Working Capital

  • Provides immediate cash flow
  • Finance working capital needs
  • Fund payroll and tax liabilities
  • Purchase inventory for increased sales
  • Receive trade discounts on payables
  • Factor only one or two major customers

Lending Alternative

  • Rapid sales growth
  • Seasonal volume activity
  • History of operating losses
  • Highly leverage companies

Receivables Management

  • Outsource A/R collections
  • Accounts receivable accounting
  • Professional credit and collections
  • Detailed reporting and status updates
I have known and utilized Mazon Associates for 20 plus years now. They are a vital part of my contract drilling service company. I could not ask for a more professional and trusted partner for my accounts receivable financing than Mazon Associates. In my line of business, cash is needed very quickly to meet the demands of day to day operations. Mazon has always worked to get our schedules funded very quickly. Mazon has been with me through every step of my business. I have come to rely on them not only for their invoice financing capabilities but the help in deciding if a customer is credit worthiness. As the years have gone by, I have not only gained a great financial partner but good friends in the Mazon family. To John, Helma, and all the staff members I say "THANK YOU" I am looking forward to another 20 years.
Owner, Contract Drilling Services Company

Oilfield Services Factoring

We serve all oilfield services

Mazon Associates serves clients in the oilfield services companies in West Texas, Oklahoma and New Mexico.
  • Acidifying & Cementing
  • Aggregate
  • Conductor Services
  • Crude Haulers
  • Disposal Wells/Sites
  • Drillers
  • Drilling Equipment Suppliers
  • Environmental Clean Up
  • Equipment Hauling
  • Equipment Rentals
  • Excavating
  • Excavators
  • Fishing Services
  • Flatbed Carriers
  • Flow-back Testing
  • Fly Ash
  • Frac Sand Haulers
  • Frac Tank Cleaning
  • Gravel Haulers
  • Gravel Pit/Suppliers
  • Hot Shots
  • Logging
  • Mud Hauling
  • Open Pit Services
  • Open Tank Services
  • Pad Builders
  • Paraffin Services
  • Pipe Cleaning
  • Pipe Hauling
  • Pipe Construction
  • Pipeline Inspection
  • Pit Clean Up
  • Plugging Contractors
  • Pneumatic
  • Pressure Washing
  • Refinery Maintenance
  • Rig Movers
  • Rig Transportation
  • Road Construction
  • Roustabouts
  • Scoria Pit/Suppliers
  • Site Preparation
  • Slick-line Services
  • Spill Clean Up
  • Tank Manufacturers
  • Testing Services
  • Vacuum Trucks
  • Water Haulers
  • Water Purification
  • Welding
  • Well Servicing
  • Winch Trucks
  • Wire-line Services
  • And many more…

Let’s drill oil together.

Tell us about your factoring needs.