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Invoice factoring can help your business grow
Contractors and suppliers for Alberta's rapidly growing oil industry are finding that credit can be tough to come by. In early 2010, a financial consulting firm approached us about a client in need of a flexible funding facility; one that could grow in tandem with its increasing workload.
With the local banks tightening their credit criteria and investors in a state of withdrawal, Edmonton Factoring .net was the obvious choice for a convenient, hassle-free source of immediate working capital.
Despite the slow payment turnaround -- common in the oil industry -- this is one contractor that doesn't have to worry about whether cash will be on hand to cover expenses for the next big job.
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April 24, 2011
Now serving Edmonton, Lethbridge,
Ft. McMurray, Red Deer, Medicine Hat,
Calgary and Grande Prairie
December 2, 2010
TD Bank customers now pay just $7.50
for same-day wire transfers... posts
instantly to your bank account!
June 30, 2010
Oil & Gas exploration customers who
depend on investment capital to remain
solvent may now qualify for credit
insurance. Call us to learn more.
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