Porter Capital recently funded a 1.9MM deal in the oil & gas industry (including a $200,000 over advance). This client was able to consolidate multiple loans into one account with a lower rate through factoring with Porter. Check out the full case study below or download the PDF.
When America experienced a boom in the oil and gas industries, many bigger companies flourished. They took advantage of the increased demand by purchasing more equipment, hiring more employees, and adding more hours of work. How were they able to do that? With strong working capital. Oilfield companies with strong working capital have no trouble […]