Traditional lenders make it difficult for oil and gas companies to qualify for small business loans. They label the businesses as “high risk” borrowers due to fluctuating energy prices and the industry’s enormous overhead costs.
But Business Lending Authority provides small business loan alternatives that will help satisfy cash flow problems. Qualifying for our oil and gas financing is simple, and in just 48 hours, you could have $1,000 to $1,000,000 of working capital deposited in your bank account. Whether you provide oil field services or specialize in exploration, your business could get approved for oil and gas financing from Business Lending Authority.
Oil- Gas Business Loans : Cover Expenses with Oil and Gas Financing from Business Lending Authority
From paying exploration costs and royalty trusts, to compensating contractors and renting equipment, there are a number of expenses eating away at your bottom line. The experts at Business Lending Authority understand that it takes a healthy cash flow to satisfy your steep overhead. Many oil and gas companies are forced to close each year as they lack the funding to meet expenses. Our oil and gas financing is designed to provide fast relief and keep your business pumping. Whether you want to pay for flowback testing or make repairs on a pipeline, Business Lending Authority’s unsecured business financing will give you the operating capital you need to keep competitors at bay. Our oil and gas financing can also help pay for:
- Exploration and development
- Pipeline construction and repairs
- Property and reserve acquisitions
- Equipment rentals such as drill rigs, drill pipes, and trucks
- Oil and natural gas storage
- Drilling and welling services
- Office equipment such as computers and furnishings
- Facility and equipment maintenance
- Advertising and marketing
How Our Oil and Gas Financing Works
Our lending process is streamlined to get operating capital to you as quickly as possible. Banks and traditional lenders have lengthy application processes, and take months to let you know if you qualify. With Business Lending Authority, you can be approved for a $1,000 to $1,000,000 cash advance and have the funds in your bank account in as little as 48 hours. That’s right! In just two days, you could have the oil and gas financing you need to help your business thrive. Simply fill out the form on the side of this page to get started.
What You Need to Get Oil and Gas Financing
- Must be an oil and gas business that has been operating for at least 6 months. No startups.
- Must have monthly gross sales of $15,000 or higher.
- Fill out the simple application form on the side of this page
- Speak with a Business Lending Authority representative to complete a few easy steps, once you fill out the application
What You Don’t Need
- Good credit
- Collateral which you could lose or demands for liens on your property.
- Restrictions on how you use the money you apply for.
- Traditional business loans that take months to obtain, if you pass all the strict requirements.
Easy Approval for Oil and Gas Financing from Business Lending Authority
When applying for a small business loan from banks and conventional lenders, you are required to have good credit. They also scrutinize several quaters of income statements and multiple years of tax returns. Additionally, conventional lenders want you to put up collateral and to provide personal guarantees. The chance of qualifying for a small business loan is slim. Even if you are approved, you will not have access to the funds for several months.
Getting approved for oil and gas financing from Business Lending Authority is a seamless process. We don’t make you jump through hoops and our quick turnaround time is unmatched. A whopping 90% of our applicants qualify for our unsecured business financing, so you are more than likely to get approved.
Bad Credit OK with Oil and Gas Financing from Business Lending Authority
The credit-crunch has made it tougher to get financing from traditional lenders. Business owners with bad credit or outstanding loans rarely qualify for traditional small business loans. Don’t let traditional lenders keep you from getting a cash advance that will help your business remain competitive in the fast-paced oil and gas industry. Business Lending Authority’s oil and gas financing is available to business owners with good or bad credit. Regardless of credit history, you could qualify for our services.
Reap the Benefits of Oil and Gas Financing From Business Lending Authority
At Business Lending Authority, we cut through the red tape and let you use your oil and gas financing however you see fit. Unlike conventional lenders who place restrictions on the ways oil and gas loans can be used, Business Lending Authority gives you the flexibility of applying the unsecured business financing whatever way you think will benefit your business. Whether you want to rent vacuum trucks or pay for environmental cleanup services, our oil and gas financing will give you the freedom to accomplish your goals.
Business Lending Authority also allows you to apply for more operating capital after you’ve paid back just 70% of your original cash advance. The ongoing oil and gas financing can help cover unexpected expenses such as fines and tax bills, or to repair broken drill rigs. Banks and conventional lenders make you repay 95 to 100 percent of your loan before you can reapply for an additional loan. Their months-long process puts your business at risk as the lack of operating capital could make it impossible to pay workers for overtime hours or to explore a new area that contains a wealth of energy resources. Business Lending Authority’s ongoing oil and gas financing gives you the peace of mind of knowing there is always a possibility of acquiring reserve working capital.
Get the oil and gas financing you need to stay ahead of the competition. Simply fill out the form on the side of this page to get started. Apply now!