Cotton and petroleum are the two big industries around Levelland, and the businesses between them wait on harvests and invoices alike. Apply in five minutes.
Apply Now →Levelland is the county seat of Hockley County, on the Llano Estacado, 30 miles west of Lubbock. The city had 12,652 residents at the 2020 census, down from 13,542 in 2010. It was named for the flat land at the town site. Major industries include cotton farming and petroleum production, and it is home to South Plains College. Hockley County, established in 1876, covers 908 square miles and had 21,537 residents.
| Cotton and farm trade | Petroleum-related service and supply | |
|---|---|---|
| When money goes out | Before planting and through the season | Every week for crews, fuel and parts |
| When money comes in | At harvest and settlement | After each invoice is approved and paid |
| Biggest risk | Weather and price at harvest | A slow-paying customer or a down unit |
| What bridges the gap | Seasonal operating capital | Payroll and equipment working capital |
Most local businesses sit somewhere between these two: a parts store, a welding shop, a trucking outfit or a cafe that has both farm and field customers.
A supplier or repair business in Levelland may have farm customers who pay at harvest and petroleum-sector customers who pay by invoice. That mix can help, since the two calendars do not line up, but it also means more receivables outstanding at any given time. The owner is financing both groups.
Where to look first is payroll. Whatever the customers do, wages go out weekly. Next is equipment: a service truck, a trailer or a piece of shop equipment that goes down will cost far more in lost work than in repair bills.
Say a Levelland welding and fabrication shop has six employees and about $48,000 in unpaid invoices, half from farm customers waiting for harvest and half from field-service companies on net-45 terms. Figures are invented to show timing, not terms we offer. A fabrication table or a truck replacement during that stretch would force a choice between delaying work and delaying payroll.
With working capital the owner can keep both moving, and the repayment plan is clear: invoices coming in over the following weeks.
Retail and food businesses in a college town and county seat have a more even pace but their own timing problem. Sales can rise and fall with the school term and with local activity, while rent and payroll stay level. A cafe or shop that knows its own slow stretches can see the dip coming months ahead, which is the best time to arrange a cushion rather than the week the account runs short.
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: Hockley County and the Panhandle and South Plains overview.
The application is the same. Be ready to explain when customers pay.
Yes.
Payroll, equipment, supplies or a specific gap before invoices are paid.
No. It uses a soft credit pull.
As little as 24 hours.
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
