Brokerages pay staff every week and often wait on client payments. Laredo brokers and forwarders can apply in five minutes, with funding in as little as 24 hours.
Apply Now →Laredo is the largest inland port on the Mexican border, according to Wikipedia, and its economy is primarily based on international trade with Mexico, with land, rail and air cargo all playing a part. At the 2020 census it had 255,205 residents. Customs brokers and freight forwarders sit in the middle of that flow, preparing paperwork and arranging movement for importers and exporters.
A brokerage's main asset is its people: licensed staff, clerks and coordinators who keep shipments moving. Their salaries are fixed costs, while client payments come later.
A brokerage with a few big clients can see its cash swing sharply when one pays late.
| Business | Main cost | Typical gap |
|---|---|---|
| Customs broker | Licensed and clerical staff, software, compliance | Weeks between work and client payment |
| Freight forwarder | Staff plus carrier and handling charges that may need to be paid up front | Paying carriers before the client pays you |
A Laredo forwarder with eight employees books a month of shipments. Payroll and operating costs for the month are $65,000, and client invoices for the work are paid several weeks later. These are invented figures and not our terms or typical outcomes. In a month when two large clients pay late, the forwarder is short for a payroll that has nothing to do with the quality of the business.
Working capital sized to the gap keeps the team paid and the operation steady.
Related Laredo businesses: import-export and cross-border trading and warehousing and cross-dock. Products: working capital, line of credit, equipment financing, term loans, merchant cash advances and same-day funding. Owners with imperfect credit may read bad-credit business loans in Laredo. Overviews: Laredo, Webb County and the border region. Apply here.
Owners cannot control how fast a client pays, but they can control a few things around it: which clients get which payment terms, how quickly invoices go out after a shipment clears, and how much of the payroll cushion is in cash. Fast, accurate invoicing shortens the wait without any outside help.
Where those steps still leave a gap, working capital covers it. The request should be sized to a named number, such as two payrolls or one slow client's outstanding balance, rather than to the whole business. Smaller, specific requests are easier to plan around and to repay from the cash they free up.
Payroll is the main use on this page. Amounts run from $25,000 to $5,000,000.
Sole proprietors can apply, as can companies of any size.
No. It bridges the timing gap.
A soft pull.
In as little as 24 hours after a five-minute 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
