Rendon is a Tarrant County community of 13,533 near Fort Worth and Arlington. Apply in about five minutes; funding can arrive in as little as 24 hours.
Apply Now →Rendon is a census-designated place in Tarrant County with 13,533 residents at the 2020 census. Tarrant County, established in 1849 with Fort Worth as the seat, counted 2,110,640 people in 2020. Rendon's neighbors include Fort Worth, Arlington, Mansfield, North Richland Hills, Euless, Grapevine, Bedford and Haltom City.
Being a community inside a large metro means local businesses often serve customers well beyond the CDP, and compete with firms from every neighboring city.
The firms that tend to need working capital in this setting are the ones that sell on invoice and run on equipment: contractors, service companies, suppliers and haulers that work with commercial customers and field crews. Their financial pattern is the same wherever they are located.
Crews are paid every week. Commercial customers pay on terms.
A truck that is down is a crew that is idle.
A strong receivables list is an asset, but it does not pay this Friday's wages.
The difference, in dollars, is the gap an owner is financing every week.
For illustration only, not our terms or a typical outcome: a field-service company has $80,000 in invoices out on average forty-five days. It pays $12,000 a week in wages and $6,000 a week in materials and fuel. Over those forty-five days the business spends around $115,000 before the invoices come in, which is more than the invoices themselves. That mismatch is typical of firms that grow, and is the reason receivables-heavy companies come up short even while busy.
This page is about cash flow for trade and field-service businesses. It does not suggest that funding is available for any particular industry, and certain sectors, such as long-haul trucking and residential remodeling, have conditions of their own.
When you describe a receivables-heavy business, specifics help: who your largest customers are, how they pay, how long it typically takes, what your weekly payroll and fixed costs are, and what you would do with additional working capital. A paragraph on each is plenty. Owners who can describe their cash cycle plainly tend to make better decisions about it, regardless of who is on the other side of the table.
Funding runs from $25,000 to $5,000,000, the application takes about five minutes, and funding can arrive in as little as 24 hours. Sole proprietors can apply. See Tarrant County and the Dallas-Fort Worth Metroplex, or apply now.
A census-designated place in Tarrant County, with 13,533 residents at the 2020 census.
Fort Worth, Arlington, Mansfield, North Richland Hills, Euless, Grapevine, Bedford and Haltom City.
Wages and suppliers are paid on a fixed schedule, while customers pay on their own. The gap is the financing need.
Yes. Sole proprietors can apply.
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
