Houston is the largest city in Texas, with 2,301,572 residents in 2020. Energy suppliers, haulers and restoration crews there live and die by how old their unpaid invoices are.
Apply Now →Houston is the most populous city in Texas and the fourth most populous in the United States, according to Wikipedia, with 2.3 million residents at the 2020 census and a Greater Houston metropolitan area of 7.8 million. It is located in Southeast Texas near Galveston Bay and the Gulf of Mexico, is the county seat of Harris County and covers 640.4 square miles. Pasadena, Baytown, La Porte, Deer Park, Katy and Bellaire are nearby.
A market this large supports oilfield service, equipment and supply firms, port and drayage haulers, medical practices and storm-recovery crews, along with the restaurants, hotels and shops that serve field crews. Each sends invoices to larger customers, and each waits.
| Age of invoice | What it usually means | What to do |
|---|---|---|
| 0 to 30 days | Normal terms | Nothing; keep tracking |
| 31 to 60 days | Slow, perhaps a customer routine | Follow up and note which customers do this |
| 61 to 90 days | A problem forming | Escalate, consider a deposit on future work |
| Over 90 days | Possible dispute or credit risk | Stop new work until it is resolved |
For illustration only, a Houston hauler with $180,000 outstanding and $70,000 of it past 60 days has a smaller cash-flow problem than the total suggests, and a larger collections problem. The table separates the two.
A merchant cash advance is generally described as money received up front and repaid from future sales. It is meant for timing gaps, and a very old invoice is not a timing gap; it may need a collections effort first. If most of your outstanding money is under sixty days, the gap is temporary and a short-term structure can make sense. Either way, ask how repayment is collected, what total is repaid and what happens if a big customer pays late. Hurricane season, June 1 to November 30, is also worth building into the question.
Requests run from $25,000 to $5,000,000, with funding in as little as 24 hours once the application is complete. The application takes about five minutes, uses a soft credit pull and is open to sole proprietors. Apply here.
Other structures: working capital, equipment financing, lines of credit, term loans and same-day funding.
Yes, according to Wikipedia, and it is the fourth most populous in the United States.
List every unpaid invoice with its date and customer and group them by age.
That is usually a collections issue first. Short-term funding fits timing gaps better than disputes.
Yes.
No. It uses a soft credit pull.
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
