Oilfield contractors and suppliers
Credit for companies powering Venezuela’s oil and gas industry
10North Capital provides early payment on confirmed invoices and finances the equipment required to support growth.
Execution
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Onboard
Complete compliance screening and a single U.S.-law framework agreement.
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Submit
Add batches of invoices (typically 60 to 90 days to maturity) to the agreement.
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Fund
Receive payment in U.S. dollars through U.S. financial institutions immediately upon the Operator confirming the invoice.
Financing available
- Receivables
- Accelerated monetization of approved energy company invoices.
- Supplier finance programs
- Bespoke liquidity programs arranged directly with the Operators.
- Equipment
- Heavy machinery and critical equipment leases against creditworthy contracts.
- Trade finance
- Short-term, collateralized financing for goods and equipment moving across borders.