Abilene businesses that serve field crews, haul equipment or stock supplies live with uneven weeks. A line of credit is built for that kind of unevenness. Here is how to judge whether it suits yours.
Apply Now →Week one: a crew gets called out, the supply shop sells out of fittings, and the hauler runs both trucks. Week two: a customer pays late, a truck needs a transmission and nothing is billable. Week three: three invoices clear on the same day. A shop that sells to oilfield service companies, or a hotel and restaurant that feed their crews, sees all three in a single month. A lump sum borrowed in week one would be mostly idle by week three. A reserve you draw from only when week two arrives matches the pattern better.
Abilene is a city of 125,182 people at the 2020 census, in Taylor County, and the principal city of its metropolitan area. Interstate 20 loops around its northern side, and Dyess Air Force Base sits on the west. Three Christian universities are based here: Abilene Christian University, McMurry University and Hardin-Simmons University. For business owners, that means oilfield service, equipment and supply businesses, hauling and the restaurants, hotels and shops that serve field crews all share the city with campus-driven and base-related customers.
The oilfield-linked firms have the sharpest gaps. They pay wages and fuel weekly, but invoice larger customers who pay on their own cycle.
Round numbers, not our terms or typical results. A hauling company needs $15,000 for a trailer repair and a driver's pay while it waits on a customer. It draws that amount, completes the work, collects in a few weeks and pays the draw down. Two months later a fuel and tire bill creates a smaller gap and the owner draws again. The point of the structure is that the borrowing follows the event, not the calendar.
If you are buying one defined machine, equipment financing follows the purchase. If you need a single lump for a project, a term loan may read more clearly. For general cash timing, working capital is the broader page. Local context is on the Taylor County and Big Country and Concho Valley pages, and sector detail is in oilfield services funding.
Funding runs from $25,000 to $5,000,000, and can be funded in as little as 24 hours once approved. The application takes about 5 minutes and sole proprietors can apply. How a given offer is structured is set on the application, and we do not publish terms here. Start your application once you know the gap you are bridging.
It can fit when your needs arrive in bursts, because you draw when a gap appears. A lump sum can fit a single defined project better.
A specific receivable or purchase with a date you expect repayment from. Drawing without a plan tends to become permanent borrowing.
Yes. Sole proprietors can apply.
No. Terms are determined on the application and are not listed on this page.
Look at equipment financing or a term loan, which follow a single purchase more closely.
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
