A binational market means timing risk that few other Texas businesses face. A line of credit gives an El Paso owner room to carry a delay at the border without missing payroll.
Apply Now →El Paso-Juárez, also called Paso del Norte or the Borderplex, is a transborder agglomeration centered on El Paso, Texas, and Ciudad Juárez, Chihuahua. Las Cruces, New Mexico, is sometimes counted too. With over 2.4 million people, it is the second-largest conurbation on the U.S.-Mexico border, behind San Diego-Tijuana. Our Far West grouping covers seven counties: Brewster, Culberson, El Paso, Hudspeth, Jeff Davis, Presidio and Terrell.
For a business that buys from, sells to or ships across the border, the cost of a delay is not abstract. Goods held up for inspection are paid for but cannot be sold. Invoices to a distributor wait on that distributor's own clearance. Staff still show up on Friday.
The thing to plan for is not the average week but the slow one. Write down how long your longest delay has been in the last year, then multiply your weekly fixed costs by that number of weeks. That is the cushion a line would need to hold.
A shipment is stuck. Payroll and rent do not wait. You draw for the number of weeks expected, and repay when the goods clear and customers pay.
A supplier offers a better price on a larger order. You draw to buy now, sell through, and repay from sales. The question is whether the saving exceeds what it costs to carry the draw.
Not our terms or a typical result. A warehouse-and-distribution shop carries $14,000 in weekly costs. A customs hold stretches four weeks, so $56,000 of costs run with no goods to sell. A line sized for that scenario, drawn only if the hold occurs, is more flexible than a lump sum borrowed in advance of a delay that may never come.
Brewster, Presidio, Jeff Davis, Culberson, Hudspeth and Terrell counties are a long way from El Paso in every sense, and a business there often serves highway traffic, visitors or a handful of local customers. Cash timing in such a place depends less on contracts and more on seasonal visitor patterns and the distance to suppliers. If you restock from a distant wholesaler, you may need to buy in larger, less frequent batches, which is a good case for a draw: borrow to buy the larger order, repay as the stock sells.
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, with a soft credit pull, and sole proprietors can apply. We do not publish terms. Start here.
This page makes no such claim. Texas businesses, including sole proprietors, can apply.
Take your weekly fixed costs and multiply by the longest delay you have experienced in the past year.
Our grouping includes Brewster, Presidio, Jeff Davis and others. Any Texas business can apply regardless of county.
That is the idea of a line of credit: you borrow as needed, and terms are set on the application.
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
