A Pasadena contractor plans around draws and around weather. This page lays out cash needs by project type and where working capital or equipment financing fits.
Apply Now →| Project type | How you are paid | Where cash gets tight |
|---|---|---|
| Short repair or service call | At completion or on a short invoice | Fuel, parts and a helper’s pay before the invoice clears |
| Mid-size build or tenant work | Progress draws against milestones | Payroll and materials before each draw is approved |
| Larger commercial or industrial work | Progress payments, sometimes with a portion held back | Long approval chains and several crews on payroll at once |
Most contractors run a mix, so a single week can have a quick job paid on completion and a larger job waiting on an approval. That mix is what working capital has to smooth.
Pasadena is a Harris County city with 151,950 residents at the 2020 census. Wikipedia lists its key economic sectors as petroleum and gas, petroleum refining, petrochemical processing, solar panel manufacturing, maritime shipping, aerospace and healthcare, and says the city is bordered by the Houston Ship Channel to the north and fronts Galveston Bay at its southeastern edge. A contractor here may therefore see commercial and industrial customers with formal approval processes, along with the ordinary mix of local building and repair work. Formal customers are often good payers, but their invoices move through steps you cannot hurry.
The Atlantic hurricane season runs from June 1 to November 30, according to the National Hurricane Center. In a Gulf Coast city, that stretch can interrupt work and push completion dates, and Pasadena’s own history includes the 1900 hurricane that heavily damaged it. A delayed completion pushes the final payment later while payroll and equipment costs continue. If you take on work that finishes near the end of the season, ask what a two-week slip would do to your cash.
Texas Property Code 28.004 sets interest on overdue amounts at 1-1/2 percent per month from the day after the due date, and Property Code 53.052 sets the lien-affidavit deadline for a non-residential original contractor at the 15th day of the fourth month after the month work was completed. These are remedies, not cash. Check dates against your contract, and ask an attorney, because this page is not legal advice.
For illustration only, not our terms or typical outcomes: three crews costing $30,000 a week combined, with the next draw five weeks away, put the carry at about $150,000 before materials. Request the shortfall at the worst week and a cushion for one slip, not the contract total.
Funding runs from $25,000 to $5,000,000, funded in as little as 24 hours once the file is complete. The application takes about five minutes with a soft credit pull, and sole proprietors can apply. Compare the amount received, total repaid and when repayment starts with your draw schedule. Related pages: oilfield services, port drayage, the Pasadena overview, or apply now.
The season runs June 1 to November 30. A weather delay pushes completion and final payment later while payroll continues.
No. Texas Property Code 53.052 sets a filing deadline with the county clerk; it is a legal step, not a payment.
A single asset such as a lift usually compares better under equipment financing.
Size it to the shortfall before the next draw, with a cushion for one slipped approval.
Yes. Sole proprietors can apply, and the application takes about five minutes with 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
