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 GBFS, you can be approved for a $50M to $5Billion cash advance and have the funds in your bank account in as little as 20 banking days. That’s right! In just twenty banking 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.
Fill out the simple application form on the side of this page
Speak with a GBFS 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 GBFS
When applying for a small business loan from banks and conventional lenders, you are required to have good credit. They also scrutinize several quarters 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 GBFS 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 business financing, so you are more than likely to get approved.
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 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. GBFS 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 Global Business Financial Services
At GBFS, 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, GBFS 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.
GBFS 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.
