Velocity Financial Announces $500k Factoring Facility for Water Treatment Services Company

Velocity Financial is pleased to announce a $500,000 Factoring Facility for a water treatment services company based out of West Texas. The Company provides water filtration services to recycle flowback and produced water used by oil and gas companies. 

Velocity Financial is a factoring company that purchases accounts receivables in order to help clients fund working capital and growth. Velocity services multiple industries across the United States including oil and gas, staffing, transportation, and manufacturing.