Cash Flow Solutions for Oilfield Service Providers
Capital Now
Now Funding Your Oilfield Services.
What is it?
Capital Now will pay you today for your outstanding receivables. In simple terms, we advance you funds on the products and services you’ve delivered. We send you cash today, and we are repaid when your customer pays for the product.
How much will I get paid?
You will get paid based on your unpaid accounts receivables. We normally help Western Canadian oilfield service companies doing between $10,000 and $2,000,000 of business per month. Still, we’d love to hear from you if you have a special requirement.
How does it work?
We offer flexible financing solutions are specifically tailored for service companies providing products and services to all stages of the energy supply chain. By getting paid for your completed work throughout the month, your cash flow improves, and operating expenses are more easily managed.
Who are we?
Capital Now is a Calgary-based capital provider with over 20 years of experience servicing the Alberta energy industry. We’ve empowered hundreds of companies take back control of their cash flow.
What are we offering?
We’re offering instant liquidity. Without debt. Without diluting your equity.
Everyone needs additional capital occasionally, and we’re prepared to provide you with Capital, Now.
Get started today and experience the benefits of our factoring solutions. Contact us now to learn more about our oil industry financing options.
What do we do?
We provide operating capital based on the work you’ve done on a daily or weekly basis.
Frequently Asked Questions
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No, the production you sell is totally up to you. You can request funding as required.
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You can request funding as frequently as daily; our funding limits are based on your production.
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Big to small crude oil producers often use factoring for operational and periodic expenses or large expenditures such as equipment purchasing, acquisitions, or business expansions that would typically require debt.
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Speed - Clients get money in their bank accounts within hours from the time we verify their proof of delivery.
All In Fee Structure - We only have one fee so our clients never have any surprises. That means we never charge admin fees, schedule fees, reporting fees, or wire fees.
Experience - We have been factoring for over 20 years and offering factoring to crude producers since 2019.
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We work with nearly every part of the energy supply chain, including but not limited to:
Exploration and Production:
• Seismic surveys
• Drilling services
• Well completion and production
• Reservoir management
• Enhanced oil recovery
• Asset integrity managementMidstream Services
• Gathering and processing
• Pipeline transportation
• Storage and terminals
• LNG services
• Fractionation servicesDownstream Services
• Refining and processing
• Petrochemicals
• Fuel retailing
• Lubricants and additivesEngineering, Procurement, and Construction (EPC)
• Front-end engineering and design
• Detailed engineering
• Procurement and logistics
• Construction management
• Commissioning and start-upOilfield Services
• Well intervention and stimulation
• Production enhancement
• Well maintenance and repair
• Wireline and logging services
• Well testing and evaluationEnvironmental and Regulatory Services
• Environmental impact assessments
• Permitting and compliance
• Risk assessments and management
• Remediation and reclamationSafety and Health Services
• Safety consulting and training
• Emergency response planning
• Occupational health services
• Industrial hygiene and monitoringInformation and Technology Services
• Data management and analysis
• Geospatial and mapping services
• IT infrastructure and support
• Cybersecurity and risk management
• Digital solutions and automation -
No, production financing will not affect your credit rating. In fact, it doesn’t affect your debt service ratios or borrowing capacity, as it is not a loan.
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No, factoring is not debt, and it does not show up as debt on your balance sheet; it is an off-book transaction.