Cross-border commerce pays on cross-border timing. If delays damaged your credit, you can still apply here in five minutes.
Apply Now →Laredo sits on the north bank of the Rio Grande in South Texas, across from Nuevo Laredo, Tamaulipas. It is the county seat and largest city of Webb County, with 255,205 residents in the 2020 census. Founded in 1755, it grew from a village into the largest inland port on the Mexican border. Its economy is primarily based on international trade with Mexico, and it is a major hub for land, rail and air cargo.
If you operate here, your business may be a customs-related service, a warehouse, a truck yard, an import-export operation, or a restaurant or shop that depends on the people who work in those. Some owners also serve oilfield service, equipment and supply customers, and haul for them.
A trade business has a long chain of payers. A shipment can sit for a day, a week or a month while paperwork, inspections or a carrier delay it, and the invoice behind that shipment waits with it. Meanwhile drivers, fuel, rent and insurance are paid on time.
The small operator in the middle is often the one carrying the float. Over several months of that, a personal card or a late supplier payment starts to show on the score.
| Role | Float problem |
|---|---|
| Independent trucker or small fleet | Fuel and maintenance paid now, freight paid after delivery and paperwork |
| Warehouse or cross-dock operator | Lease and labor paid monthly, storage fees collected late |
| Customs broker or freight forwarder | Costs advanced for clients before they reimburse |
| Import-export trader | Goods purchased before the buyer pays |
See the pages on import-export trading, customs brokers and freight forwarders and warehousing and cross-dock for more on each.
A small Laredo freight forwarder advances $15,000 in fees and carrier charges for two clients, expecting reimbursement in thirty days. One client stretches to seventy-five days. During that stretch the owner pays rent, a clerk and the next set of advances with a personal card. The numbers are round and invented. They are meant to show how float turns into a credit problem, not to describe our terms.
That owner has a good business and a slow-paying client. A funded cushion of the right size turns a late-payment problem back into a scheduling problem.
Funding runs from $25,000 to $5,000,000, and sole proprietors can apply. It is not a rate promise or an approval promise; it is a way to carry the float while a shipment or a customer takes its time. Options include working capital, equipment financing, a line of credit and term loans. When funding is available it can arrive in as little as 24 hours, which matters when a driver or a supplier is waiting. Long-haul trucking is hard to fund and we make no promise for it, but a local or regional operation is read on its own facts.
See the Laredo page and Webb County overview for more options.
We cannot predict results for any file. Cross-border businesses are common here, and a clear explanation of how and when you are paid helps.
Yes.
Describe how you operate. Long-haul trucking is difficult to fund and we do not promise it, but local and regional work is evaluated individually.
In as little as 24 hours once funding is available.
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
