Kenedy was founded as a real estate bet, and the service firms and haulers working out of it still carry payroll ahead of their customers' payments. Apply in five minutes.
Apply Now →Kenedy is a city in Karnes County, named for Mifflin Kenedy, who bought 400,000 acres and wanted to develop a new town that carried his name. It had 3,473 residents at the 2020 census, up from 3,296 in 2010. Karnes City, the county seat, is next door.
Small towns like this rely on a small number of businesses to supply the rest of the area. Service companies, equipment and supply firms, haulers, and the restaurants, hotels and shops serving field crews do most of the work, and many are owner-run. More on that sector: oilfield services in Kenedy.
Most owners have all three at different times of year. Naming the one that is biggest right now tells you what to ask for and how to explain it.
| Advantage | Risk |
|---|---|
| Few competitors in the immediate area | A few customers account for most of sales |
| Personal relationships with customers and suppliers | Informal terms that stretch without anyone deciding to |
| Low overhead compared to a metro | Hard to find skilled labor, so you pay to keep it |
Informal payment terms deserve a note. Many owners agree to "pay when we get paid" with a vendor and then find the arrangement has put them on the hook for a month of costs on credit.
Say a Kenedy trucking and hauling shop has two trucks and two drivers, and its main customer pays 50 days after delivery. It also needs a $12,000 transmission repair. Those numbers are for illustration only, and are not terms we offer. The owner can pay the repair and risk missing payroll, or delay the repair and risk losing a truck for weeks.
Neither choice is good. Working capital sized to cover both the repair and the payroll gap lets the owner keep the truck on the road and the drivers on the schedule.
Funding runs from $25,000 to $5,000,000. The application takes about five minutes with a soft credit pull, sole proprietors can apply, and funding can arrive in as little as 24 hours. Related pages: Karnes County and the San Antonio and Hill Country overview.
The application considers your business. Be ready to explain who your customers are and when they pay.
They matter to your cash flow. Describing them honestly helps size the request.
Yes. Sole proprietors can apply.
No. The application uses a soft credit pull.
$5,000,000.
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
