Corpus Christi businesses plan around the water: ships, boats, tides and storms. A line of credit sized for hurricane season is one tool for that.
Apply Now →| Months | Pattern | Reserve question |
|---|---|---|
| January to May | Preparation, regular trade | Is a reserve in place before the season? |
| June to November | Hurricane season (June 1 to November 30) | How many weeks of fixed costs can you carry if closed? |
| After a storm | Repairs, claims, demand for restoration | Can you buy and hire before payments arrive? |
| December | Reset | Pay balances down to zero |
Corpus Christi is a coastal city and the county seat of Nueces County in South Texas, with portions extending into Aransas, Kleberg and San Patricio counties. It had 317,863 residents at the 2020 census. Its political boundaries encompass Nueces Bay and Corpus Christi Bay, and it lies 130 miles southeast of San Antonio and 208 miles southwest of Houston. Neighbors include Robstown, Aransas Pass and Port Aransas. The business mix leans toward port, marine and coastal firms, with hurricane-season swings in cash flow.
The Texas Windstorm Insurance Association, TWIA, is a not-for-profit insurer of windstorm and hail coverage for property owners who cannot get it in the regular market. Coverage helps, but claims take time to process, and a business can sit through a stretch of closed doors and open bills. A line of credit does not substitute for insurance. It is a way to cover payroll and rent while claims move.
Round numbers, not our terms. A boat-repair shop has $14,000 of monthly fixed costs. A storm closes it for nine days and slows its suppliers for another week. If it set up a reserve in spring, the shop draws to cover the month and repays when repairs resume and insurance pays. If not, it waits and may lose customers. The cost of arranging the reserve in advance is that you need to ask before you need it.
See working capital, equipment financing, term loans, merchant cash advance and same-day funding. Local pages: Nueces County and Coastal Bend.
The practical lesson of coastal planning is timing. A reserve is easiest to arrange when the forecast is quiet. In the week a storm forms, owners are busy boarding up, moving stock and calling staff. Decide in the spring how much you would want to be able to draw, and what you will do if you do not need it.
Funding runs from $25,000 to $5,000,000, funded in as little as 24 hours once approved. The application takes about 5 minutes and sole proprietors can apply. Terms are not published here. Start your application well before June.
June 1 to November 30.
No. It can help bridge payment delays but is not insurance.
Yes. Sole proprietors can apply.
Nueces County, with portions in Aransas, Kleberg and San Patricio counties.
No.
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
