Funding the Energy Sector – Cash for Oil and Gas Industry

Our Accounts Receivable Factoring program can quickly meet the working capital needs of businesses in the energy industry. Program Overview$100,000 to $10 MillionCompetitive Advance RatesNon-recourseIdeal for manufacturers, distributors or service providers. We fund challenging deals:LossesTurnaroundsHighly LeveragedCustomer ConcentrationsWeak Personal CreditCharacter IssuesIn … Continue reading

Inflation increases to 2.60%

Inflation increases to 2.60% Inflation Hits 2.6% in October, Meeting Expectations In October, the inflation rate rose to 2.6%, aligning with analysts’ forecasts. This increase reflects a steady trend as energy costs, housing prices, and some core services continued to … Continue reading

U.S. economy grew at 2.8% rate in third quarter

U.S. economy grew at 2.8% rate in third quarter The U.S. economy grew at an annual rate of 2.8% in the third quarter, reflecting moderate growth fueled by consumer spending, business investment, and an easing of inflation pressures. This pace … Continue reading

Oil-Service Providers Say Producers Are Becoming More Cautious About Spending

Oil-Service Providers Say Producers Are Becoming More Cautious About Spending As oil prices experience increased volatility and global economic uncertainties weigh on the energy market, oil-service companies report that producers are growing more conservative in their capital spending. This shift … Continue reading

Fed Rate Cut is Imminent

The Federal Reserve is likely to cut interest rates soon as its preferred inflation measure, the Personal Consumption Expenditures (PCE) Price Index, continues to show signs of cooling. In recent months, inflation has remained modest, with the core PCE—excluding food … Continue reading