Oil and Gas Factoring

Mazon Associates: Decades of Dealing in 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 company is a startup or an industry veteran, Mazon factoring services can help you maintain or grow your business. Contact us today and see how you can become part of the growing Mazon family.

Call: 800-442-2740   |   Email: [email protected]

Oilfield Services Factoring Provides You Great Benefits

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 with factoring. (See Factoring vs. Bank Loan) Mazon factoring will get you money much quicker than a bank loan. In fact, you can get cash in as quick as five days. Plus, you don’t have the overhead cost of an accounts receivable department. Mazon provides all the collections for you. Mazon also provides credit services to protect you from customer bad debts. You can focus on your oilfield service business, not the collection of receivables.

Factoring Provides Immediate Operating Capital:

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

Factoring Solves Special Business Requirements:

  • Companies with rapid sales growth
  • Companies with seasonal volume activity
  • Companies with a history of operating losses
  • Companies that are highly leveraged

Factoring is the Outsourcing of Accounts Receivable:

  • Outsource accounts receivable collections and accounting
  • Receive professional credit and collections services
  • Receive detailed reporting of collections and receivables

Testimonials: Contract Drilling Services“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.”

-Richard, owner of a Contract Drilling Services Company.

Call: 800-442-2740   |   Email: [email protected]

Oil & Gas Oilfield Services:

  • 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
  • Wireline Services
  • And many more…

Call Mazon for Invoice Factoring and Accounts Receivable Factoring!