A machine shop buys steel before it sells a part, and a supplier stocks fittings before an order arrives. In Alice, funding questions start with inventory and the weeks between purchase order and payment.
Apply Now →Alice is the county seat of Jim Wells County, in the South Texas region of the state, with 17,891 residents at the 2020 census. It was established in 1888, and was named, after earlier names of Bandana and Kleberg, for Alice Gertrudis King Kleberg, daughter of the King Ranch's founder Richard King. Jim Wells County has 38,891 residents and was established in 1911.
It is a place where farm, ranch and trade businesses and the small shops that support them make up much of the commercial mix. A machine shop or equipment supplier in that mix sells to other businesses, which is where the cash timing gets difficult.
Steel, fittings, valves, seals and replacement parts are bought in volume to be ready for rush orders. The stock sits on the shelf, ready to serve a customer, but unavailable as cash.
A shop wins a job, buys material and does the machining, then waits for the customer's accounts payable process. Weeks can pass between shipping and payment.
Lathes, mills, welders and cutting equipment are the production line. When one breaks, jobs back up quickly.
| Problem | Closer fit |
|---|---|
| Stock that must be bought ahead of orders | Working capital or a line of credit |
| A new CNC machine, lathe or welder | Equipment financing |
| Waiting on a large customer payment | Working capital sized to the gap |
If your customers are oilfield operators, the usual advice applies: fund payroll, equipment and receivables gaps, and keep the request tied to real figures. Fit is decided on the application, and no promise is made for any industry.
With these four items in hand, it is much easier to decide whether you need working capital, equipment financing or both, and in what amounts.
We fund from $25,000 to $5,000,000, and some applicants are funded in as little as 24 hours. The application takes about five minutes and uses a soft credit pull. Sole proprietors can apply, including owners of small shops. Each offer states its own terms. For general funding in town, see business funding in Alice; for a related page, see oilfield service companies in Alice; for the wider area, see Jim Wells County and Coastal Bend.
Yes, including sole proprietors. The application takes about five minutes.
Working capital sized to the gap between delivery and payment is a common approach.
Equipment financing is the usual match for a specific machine. Describe it in the application.
Yes, and the maximum is $5,000,000.
No, it is a soft pull.
Three months of business bank statements and a 5-minute application. FICO 500+ considered. $25,000 to $5,000,000, funded in as little as 24 hours.
Apply Now →It takes about two minutes and it will not affect your credit score.
No obligation • No impact to your credit score
