CJET Capital
6 Desta Dr, Suite 1000, Midland, TX 79705
Primary product: Invoice factoring
About CJET Capital
CJET Capital is a locally owned invoice factoring company in Midland, Texas, built for businesses in the Permian Basin. Founder and CEO Collier Pennington comes from a family that has run Texas businesses since 1897. CJET serves oil and gas service companies, including water, cement and frac sand haulers, welders, roustabouts and rig movers, as well as staffing, transportation and manufacturing firms. It offers same-day funding, no minimum invoice size and the freedom to choose which invoices to factor.
Financial Products
- Invoice factoring
- Spot (single-invoice) factoring
- Minimum credit facility
- Contact for details
- Maximum credit facility
- Contact for details
Industries Served
Featured Services
- No minimum fees
- Single-invoice factoring
- Same-day funding
- Startups welcome
Standard Terms
| Startup fee | Contact for pricing |
|---|---|
| Contract term | Contact for details |
| Advance rates | Contact for pricing |
| Factoring fee | Contact for pricing |
| Minimum volume fees | NoneSource, checked 2026-11-04 |
| Additional fees | Contact for pricing |
| Reserves | Contact for details |
| Recourse | Contact for details |
| Funding speed | Same daySource, checked 2026-11-05 |
* Actual terms may vary. Your quote is set by the company for your volume and customers.
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