Mark Rosenstein | CEO
Jason Rosenstein | President
Max M. Toledo | EVP/CMO
Larry Powali | Executive Vice President
Oil and Gas Industry Factoring | Oil Field Factoring Company.
Financial solutions are our specialty at Bridgeport Capital, and we’re proud to offer our services to a variety of industries across the board. What many people don’t realize is that the oil and gas industry also deals with invoice holdups and the need for immediate cash.
No one better understands these challenges than our team of experts.
Reliable cash flow is critical for payroll, fuel, purchasing of materials and equipment, and meeting deadlines. Whether you are involved in hauling water, providing pipeline inspections, or any other service in the oilfield, we tailor a financing solution to match your unique business needs.
Water Haulers
Roustabout
Well Servicing
Rig Movers
Chemical Blenders
Vacuum Trucks
Frac Sand Haulers
Tank & Pipeline Cleaning
Project Management
Welding
Wireline Services
Gravel Haulers
The Benefits of Oilfield Factory Company.
Keeping your oilfield maintained and your employees paid can be expensive in your industry. Reliable cash-flow is a necessity, and without it, you can’t reap the benefits of:
- Timely payroll
- New equipment
- Funding for new projects
- Equipment repair
Don’t wait 60-90 days to get paid from your customers when you can have access to immediate working capital for your business. Invoice factoring is a simple way for your oilfield to turn its unpaid invoices into cash within a quick, 24-hour turnaround.
Bridgeport Capital, an oilfield factoring company helps you take control of the money you bring in from the reliable customers that keep your industry flowing. Simply bring your invoices to our specialists, get paid up to 90 percent of the invoice amount, and let us handle the collections. It’s that simple.
Our services go beyond just financing. We are your financial partner who has your best interest in mind. Allow our credit department to assess your risk with certain customers. Free credit checks provided.
Put Your Assets to Use With Bridgeport Capital.
Remember, your accounts receivable isn’t the only tangible asset your oilfield has going for it. With our help, you can put other valuable assets towards a revolving line of credit through asset-based financing.
With the help of assets like AR, inventory, equipment, and real estate, our financial specialists will be able to grant your business with maximum borrowing capacity as well as other benefits that include:
- Great flexibility
- No financial covenants
- Funding within 30 days
- A financial partnership that grants you control of your finances
What Aspects of Oilfields Succeed With Our Services?
As a business owner, we understand the importance of maintaining access to your information at all times. We offer a web-based information portal allowing you to see the status of your open invoices, payments, availability, reserves, and much more. You are also provided a dedicated account executive to answer any questions you may have on your account.