Specialty Financing for the Oil Industry

Traditional bank financing just doesn’t move fast enough for companies that do business in the oil and gas industry.

Oilfield service companies often have all kinds of equipment to help in the production and transportation of energy. Power units, vacuum trucks, frac tanks and anchor trucks are just a sample of the machinery companies operate on a continual basis. Demand for that equipment continues to skyrocket, which means business is moving fast.

In fact, business moves so quickly in this industry that companies need to have financing in place that can expand as fast as new opportunities arise. When a company knows growth is coming, it needs a flexible credit facility available to meet its needs no matter how much the company has in revenues and expenses.

Relying on the slow pace of bank financing can mean missed opportunities for new business. Out on the field, that could mean equipment sitting idle; which means no money coming in.

Accounts receivable financing, though, offers the flexibility to quickly respond to new opportunities while providing a credit limit that keeps pace with a company’s growth. In short, it means the equipment keeps running and the cash keeps flowing.

Universal Funding can provide that flexible financing along with the peace of mind in knowing there are no worries about trying to figure out the next financial relationship. We also know that things change fast, and make sure our clients have access to their account rep whenever a need arises. Whether there’s an issue that needs solved or a new opportunity that requires more funds, that person is always available to help.

In the oil and gas industry, a company has to strike while the iron is hot. The potential cost of not taking on a next job or customer is huge, but we all know it takes money to make money. Universal Funding can supply that money, and a business owner can rest assured that the business will grow and the next opportunity will easily be within reach.

-Travis Griffith


Press Releases

Invoice Factoring Company Signs Over $16M in New Business

Universal Funding, a factoring company, to providing invoice factoring services to five new clients earned in October. SPOKANE, WA, Nov. 9, 2015 – Universal Funding, an invoice factoring company, has signed on five new clients who will factor over $16 M over the... read more

Universal Funding Corporation Funding $500,000 per Day

Universal Funding specializes in invoice factoring and provided $1.8MM in accounts receivable financing to three new clients in September.  As these new relationships grow over the course of a year, Universal will provide up to $21.5MM in financing to these new... read more


Accelerating to the Speed of Business

You’ve probably heard the phrase “the speed of business” before. Yet those in the business world know that the comparative operational speeds between companies are like snowflakes: no two are exactly alike. Yet despite the speed differences that exists between... read more

Selling Invoices vs. Selling Equity

There comes a time in the operational life cycle of every company where extra business capital is needed. When this point is reached, the easy answer may be to work with a traditional lender to secure a conventional loan. Yet is this truly the best option? Wouldn’t it... read more

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Spokane, WA 99213


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