The Crude Life Podcast Episode 45
March 31, 2020
Guests/Topics:
Zachary Ellis talks about the coronavirus which has had a detrimental impact on all businesses worldwide, but the blow is felt just a little harder with small and mid-size businesses. While most of us are all working from home as shelter-in-place orders have been put in place, we often find an unusual time to reflect on our business, our employees, and our future. This is a scary time for most as we face a virus that can capture millions of Americans, with no true cure to date. Increasing cash flow is the first thing on a company’s agenda, as most aren’t working if business is not considered “essential”
The interview with Zach Ellis takes an intuitive approach to provide solutions and answers to the questions you need answered most. Factoring is an immediate way to increase cash flow, improve company morale, and keep a steady stream of income coming each month. Essentially factoring is buying your company’s invoice from said shipper, or contracted MSA work, and Commercial Credit pays you up front. Commercial Credit will follow up with the original debtor to secure payment, all the while your company remains financially positive and moving in a forward direction.
Refinancing debt is another viable option as businesses seek to lower their overall exposure, and maintain a lower cost of ownership. Whether a simple interest loan, or lease, Commercial Credit Group can provide options on servicing your existing debt, while partnering with an equipment professional that understands your business.
Ellis is based in Aledo, Tx just outside of Weatherford, and only a short drive to the Permian. This is his main customer base, along with customers in the Eagle Ford. No matter what shale play you find yourself in, or what state you’re in. Remember, we service the Oilfield, Transportation, and Construction Industries including all associate equipment.
Reach Zach Ellis at 682-386-7973 or Zellis@commercialcreditgroup.com
Matthew Hill, Knight Energy, explains how the oil and gas industry is healing and helping many in the coronavirus epidemic and COVID-19 Shutdown.
Daily Headlines:
Court blocks Broomfield’s attempt to temporarily halt Extraction’s oil and gas operations
Oil and gas industry releases updated global sustainability reporting guidance
Astrophysicist gets magnets stuck up nose while inventing coronavirus device:
Sponsor: Royal Creek Consulting
Royal Creek Consulting services the Oil and Gas Industry and provide business development services for Service and Supply companies. They are currently working in the following states: VA, WV, PA, OH, LA, OK, CO, NM & TX.
Featured Event: The Crude Life 2020 March Madness Tournament
The Crude Life 2020 March Madness Tournament Schedule
Marcellus Region
(1) Swan Energy vs. (2) Knighten Industries
Permian Region
(2) Target Hospitality vs. (9) The Earth’s Champion Johnny Green
Bakken Region
(3) Aries Buildings vs. (9) Elite Energy Services
Powder River Region
(2) Brigade Energy Services vs. (13) K9 Pipe Inspection
The Earth’s Champion Johnny Green’s Eco-Watch: The Great Wind Delusion
Planet Service Announcement:
Links to Exclusive Interviews:
Zachary Ellis, Commercial Credit Group
The Crude Life Music Crossover: Blind Joe
Studio Sponsor: Hatch Coaching
Phone Line Sponsor: Bakken BBQ
The Crude Life Podcast can be heard every Monday through Thursday with a Week in Review on Friday.
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