April 14, 2026 – Quickpay Funding (“Quickpay”) has established a $150,000 accounts receivable factoring facility for an oilfield services company specializing in water hauling, skimming, and disposal. The facility provides immediate working capital to support the company’s field operations and position it for continued growth.
The company provides essential support to oilfield operations, utilizing its own skimming equipment to process and transport water for disposal. As the demand for reliable fluid management increased and new business opportunities emerged, the company needed a reliable financing partner to accelerate cash flow and keep pace with growing demand.
Like many oilfield services companies, slow-paying invoices created a gap between completing work and receiving payment, which limited the company’s ability to take on additional contracts and scale its operations. To unlock growth, the company sought a financing partner with deep expertise in oil and gas receivables and the speed to fund on demand.
The company selected Quickpay based on its strong reputation in the oilfield industry, expertise in managing oil and gas receivables, and 24/7 same-day funding capability. Quickpay structured a flexible accounts receivable purchase facility that allows the company to convert outstanding invoices into immediate working capital, eliminating cash flow gaps and enabling the business to pursue and fulfill more work without financial constraints.
“As oilfield activity continues to drive demand for essential support services, companies must be equipped to handle rapid operational needs and significant upfront expenses,” said Juan Estrada, President and CEO of Quickpay Funding. “We’re proud to bring our oil and gas expertise and same-day funding to this client so they can focus on growing their business and expanding their service capacity.”
Invoice factoring for oilfield services provides immediate access to working capital, enabling businesses to manage high fuel costs, maintain specialized equipment, and deploy crews to new projects without waiting weeks for payment. For water haulers and other oilfield service providers, partnering with a factoring company that understands the industry means faster funding, fewer disruptions, and the flexibility to take on more work and scale operations.
About Quickpay
Quickpay Funding, LLC (“Quickpay”) is a leading invoice factoring company specializing in fast, flexible financial solutions for businesses in Transportation, Produce & Agriculture, Oil & Gas, Staffing, Commercial Cleaning Services, and more. Quickpay is known for its 24/7 same-day funding, competitive factoring rates, and excellent customer service, ensuring clients have reliable access to working capital whenever they need it.
