Business Line of Credit in Amarillo, TX

Start with the calendar

1. Winter and early spring. Parts, seed-related supplies, fuel and equipment repairs are bought before the season.
2. Summer. Costs continue, income for farm customers has not yet arrived.
3. Harvest and sale. Customers pay, often unevenly.
4. Settlement. Accounts clear, and the supplier finally collects.

A farm-service business sits at the end of that chain. It buys and carries stock for customers who pay when their own products sell.

Amarillo's setting

Amarillo is the county seat of Potter County, though most of its southern half extends into Randall County. At the 2020 census Potter County had 118,525 people, and the city of Amarillo had 200,393. It is the most populous city in the Texas panhandle, and it sits in the Llano Estacado region. The mix of customers includes restaurants, trades, healthcare practices, retail and service firms, and for many of them the surrounding agricultural economy is the other half of the customer base. Pages for cattle and livestock and cotton and grain farms cover that side in more depth.

A draw schedule, for illustration

This is a made-up schedule with no dollar amounts, shown only to illustrate the rhythm. The goal is a balance that rises and falls with the year, not one that stays high.

Shops that do not follow the farm year

A welding and fabrication shop works on orders, not seasons, and its gaps come from long jobs. A restaurant's gaps come from slow weeks. A contractor's gaps come from project billing. For each of these, the question is the same: what specific receivable will repay the draw? See metal fabrication and welding, restaurants and construction.

When weather moves the calendar

A late freeze, a dry stretch or a hard storm can push a farm customer's income back by weeks. The supplier who sold to that customer on account does not get a refund on its own bills. In a region where outdoor work drives so many accounts, the sensible habit is to assume that some payments will arrive late every year, and size any draw with a few weeks of slack. A line that has room to absorb one late month is easier to live with than one that is full by midsummer.

Other ways to look at it

If your need is one machine, read equipment financing. For a single lump, see term loans. General timing gaps are on the working capital page, and the area is covered by Potter County and Panhandle and South Plains.

Applying

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. We do not publish terms on this page. Start an application.