The Woodlands operators haul oilfield equipment and supplies along the I-45 North corridor into upstream Texas. Get capital to cover fuel and operations while oilfield service companies settle their net-45 to net-60 accounts.
The I-45 North oilfield service corridor pays well, but the gap between work and payment is one of the longest in the trucking industry.
Upstream oilfield service companies are notorious for slow payment. Net-45 to net-60 terms are standard. Your crew, fuel, and insurance don't run on those terms. Every Woodlands operator running oilfield routes knows what it feels like to have $80,000 in outstanding invoices and a thin bank account.
Vacuum trucks, picker trucks, water haulers, and heavy equipment transporters cost far more than standard commercial vehicles. Financing one without strong credit or a large down payment is difficult at a traditional bank. Maintenance on specialized oilfield rigs is also costly and often urgent.
Running rigs from The Woodlands north into oil country means hundreds of miles per trip. Diesel costs at that volume add up before any invoice is settled. Owner-operators and small fleets running multiple rigs north often spend $15,000 to $30,000 per month on fuel alone before collecting a dollar.
Three products that fit the oilfield payment cycle and specialized equipment needs of I-45 North corridor operators.
Bridge net-45 to net-60 oilfield payment gaps. Approved on your monthly deposit history. Repayments flex as a percentage of daily revenue, so slower months don't create a crushing fixed payment. The fastest option for operators who can't wait on a 60-day invoice.
Finance vacuum trucks, picker trucks, water haulers, and heavy equipment transporters for oilfield routes north of The Woodlands. The equipment is the collateral. Operators with consistent oilfield revenue qualify even with lower credit scores.
A revolving line for ongoing operations. Draw for fuel, driver pay, or equipment repairs between oilfield settlements. Repay it after invoices clear and draw again for the next job cycle. Built for The Woodlands operators managing multiple active oilfield contracts.
Most active Woodlands oilfield trucking operations already meet these four requirements.
Takes 60 seconds. No credit impact. A funding specialist contacts you within 2 business hours.
A Lone Star Capital Group specialist will contact you within 2 business hours to walk through your Woodlands trucking funding options.
60-second application, no credit impact, specialist callback within 2 hours.
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