Quickpay Provides $2MM Factoring Facility to Texas-Based Energy Services Company
May 8, 2025 - Quickpay Funding has established a $2 million factoring facility for a Texas-based company specializing in the repair, inspection, and rewinding of high voltage generators. The company, which plays a vital role in maintaining critical infrastructure by supporting major turbine and hydrogenerator projects, selected Quickpay Funding to overcome cash flow challenges inherent to their industry’s extended payment terms.
This partnership was initiated after the company sought faster and more flexible financing options to support their growth plans. Like many businesses in the industrial services space, they regularly work under 60-day net terms, which often creates cash flow gaps between project completion and payment. With Quickpay Funding, the company gained immediate access to working capital without waiting on slow-paying invoices—allowing them to take on larger contracts and invest in additional technicians and equipment.
“Companies working in the industrial services and energy sector often face long payment cycles while needing to deploy skilled labor and specialized equipment upfront,” said Juan Estrada, President and CEO of Quickpay Funding. “We’re proud to help businesses like this bridge the cash flow gap and grow with confidence by providing reliable, on-demand access to capital.”
Quickpay Funding continues to rapidly expand its presence across a variety of specialized industries, from energy and infrastructure to transportation and produce. Known for 24/7 same-day funding, flexible terms, and dependable back-office support, Quickpay Funding has become the go-to invoice factoring partner for businesses seeking responsive and reliable cash flow solutions.
About Quickpay Funding
Quickpay Funding is a leading invoice factoring company specializing in fast, flexible financial solutions for businesses in Transportation & Logistics, Produce & Agriculture, Oil & Gas, Staffing, Cleaning Services, and more. We’re known for our 24/7 funding, leveraging cutting-edge technology like Real-Time Payments to ensure clients have access to their funds whenever they need them—day or night.
Our best-in-class customer service and experienced management team are committed to understanding the unique challenges of each industry we serve. We offer tailored solutions that empower small and medium-sized businesses to thrive. When you're ready for financial experts who are dedicated to seeing the potential of your business, choose Quickpay Funding as your trusted financial partner. Our team will provide innovative solutions to meet your cash flow needs—allowing you to focus on what you do best: running your business.
To learn more about Quickpay Funding, visit quickpayfunding.com