Oil Field

Mōmentum is passionate about providing immediate working capital to oil field service companies. Mōmentum has on-the-ground experience in the oil field service industry. Managing Partner Brandon Chase has first-hand experience in the industry and has observed the challenges many of his colleagues face. Oil field businesses often struggle to grow because they lack the cash needed to pay for daily operations, payroll, equipment and other costly expenses necessary to create a sustainable and flourishing business. Oil field businesses provide services that are typically both expensive and timely to perform. Working capital is needed to provide these services to customers, but waiting 30, 60 or 90 days for invoices to be paid can damage your business’s cash flow and inhibit your company from completing jobs, accepting new contracts and developing your business for the future.

Mōmentum provides immediate working capital to companies in the oil field industry and offers a number of advantages, including:

  • Funding of oilfield and gas accounts receivables within 24 hours
  • Advances of up to 90 percent
  • A dedicated Account Executive to manage your account
  • 24-hour access to an online system to manage your account
  • Online access to perform free credit checks on new customers

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