Grand View, ID – November 17th, 2014 – Integrity Factoring & Consulting, Inc., one of the leading providers of factoring services in the oilfield service industry, announces the expansion of its presence into the Oklahoma & Texas oilfields. The newest addition to the Integrity Oilfield Factoring team is George Alexander, who is a native to Texas, and has opened up a factoring branch just outside of Dallas, TX dedicated to the oil & gas industries.
“George brings a lot to the table for companies working in the oilfield from his 20+ years of experience working in the oilfield with exploration and directional drilling companies. He has an understanding of what these oilfield business owners are going through having walked in their shoes most of his life. Unlike most factoring companies that are trying to break into oilfield factoring, Integrity Oilfield Factoring is dedicated to the oilfield factoring where others this is a small piece of their portfolio. Because of our oilfield expertise we know the importance of having a local representative to be able to meet our customers out at a job site, or their office meeting face to face and shake their hand. Oilfield factoring is very relationship driven unlike transportation factoring which most is done over the phone, in the Oilfield they want to know who you are, that you know their industry and that they can trust you to help their business thrive,” said Jens Schkade, President.
In addition to oilfield factoring and accounts receivable financing, Integrity provides other value-added services like our Accounts Receivable Back Office Support. With the back office support, Integrity assumes responsibility for back office duties such as credit assessment, invoice training & review (cutting down on errors) and collection, thus freeing up the business owner to focus their valuable time on making money and expanding their business.
“It is great that Integrity Factoring has invested in providing a local presence in the oilfield industry here in the Oklahoma and Texas surrounding areas. Having been on the front lines myself, I know how hard it is to pay bills let alone expand with the large oil & gas companies paying in 45 to 90 days. I am excited to be able to help my friends and all the other oilfield service companies by providing good cash flow plan to succeed in the Oilfield. One of the main reasons I chose to work for Integrity is that, in addition to being dedicated to oilfield factoring, they provide the Accounts Receivable Back Office Support, something that these growing businesses have a hard time keeping up with,” said George Alexander.
“We have a good pulse on the oil & gas industry and watching the rig counts going up over the last 12 months in Oklahoma and Texas it is apparent that more services companies will be needed to provide services to all these additional rigs. With this growth just like in North Dakota new and current businesses in this area will start feeling the effects of higher cost of basic set up and living, more difficulty in finding qualified workers in their office staff so we felt that an on ground presence was completely necessary, not only to offer financial assistance, but to provide support. These new and growing businesses can immediately get clients and start providing their services, but need time and money to streamline the rest of the daily issues they encounter in the course of running their business. Integrity Oilfield Factoring can help them with that need immediately. George will be working close with our clients to help take their piece of the work helping them grow their business and provide the owners with a peace of mind so they can sleep at night,” added Jens Schkade.
About Integrity Factoring & Consulting Inc.
Integrity Oilfield factoring Services provides factoring services to multiple oilfield & gas service companies including; oilfield transportation, directional drilling, well servicing companies, pipeline construction, gravel haulers, welders, pad set up and break down construction companies, frac service companies, oilfield staffing industry, equipment rental companies, and disposal sites, mud haulers, water haulers and much more.
If you are interested in what Integrity Factoring can offer your business please go to http://www.integrityfactoring.com or call 866-834-7338. For information on oilfield factoring services in Oklahoma, Texas, Kansas, Louisiana and surrounding areas you can reach George Alexander at George@IntegrityFactoring.com or call 325-216-8415 today.
