Calling all small Western Canadian crude oil producers

As a business owner in the oil industry, you may be interested in Capital Now’s Crude Oil Production Financing. Based on Capital Now’s traditional model of factoring or Accounts Receivable financing, the selling your future accounts receivable can be a smart move to improve your cash flow, fund your day-to-day operations and fund ongoing development. Oil producers and energy companies that sell to refineries and marketing companies alike can benefit from the flexibility that Crude Oil Production Financing provides.

Traditional financing re-imagined

By drawing down funds based on your production volume, your energy company can access immediate cash, which you can then use to cover expenses related to your oil sands production, oil drilling, petroleum production, or oil exploration in the western provinces. This can be particularly beneficial for smaller oil and gas companies, which may need more financial resources while they wait for customers to pay their invoices.

Funding that grows with you

How about something like this:

Having access to the cash tied up in your invoices/receivables is about more than paying the bills. Would improved cashflow allow you to:

•   pursue growth opportunities

•   expanding your operations

•   investing in new technology for improved efficiency and sustainability (or) Invest in new tech to meet ESG goals

Immediate cash available

In conclusion, if you are an oil producer or energy company in Alberta, Saskatchewan, Manitoba, or British Columbia, selling your accounts receivable can be a strategic move to improve your financial position whenever the need arises without taking on debt or personal risk.