Richardson packs thousands of businesses into 28 square miles. Apply in five minutes; funding can arrive in as little as 24 hours.
Apply Now →Richardson is a city in Dallas and Collin counties and an inner suburb of Dallas. It had 119,469 residents at the 2020 census. Wikipedia says it is home to the University of Texas at Dallas and the Telecom Corridor, with a high concentration of telecommunications companies, and that more than 5,000 businesses have operations within its 28 square miles, including many of the world's largest telecommunications and networking companies such as AT&T, Verizon, Cisco Systems, Samsung, ZTE, MetroPCS, Texas Instruments, Qorvo and Fujitsu.
Businesses like that need caterers, cleaners, print shops, contractors, IT consultants, building trades and clinics nearby. A small firm in Richardson often has one or two large customers, and a late payment from one of them matters.
| Small business | Typical large-customer risk |
|---|---|
| Construction and trades | Draws and retainage held back |
| Restaurant or caterer | Event invoices paid weeks later |
| Clinic | Insurer reimbursements delayed |
See construction in Richardson, restaurants and healthcare.
With thousands of businesses packed into a small area, construction and building trades have steady work: tenant improvements, office build-outs, repairs, electrical and mechanical upgrades. Contractors are paid by draw, and retainage is typically held back until a project is complete. A contractor can have a strong backlog and still be short of cash because materials and crew come first. The page on construction in Richardson goes through the draw cycle in more detail.
A restaurant or caterer working with the same corporate customers faces a different version: events booked well in advance, invoiced after, and paid on the customer's schedule.
If one customer is 40% of your revenue, a late payment from that customer is not a small problem; it is a payroll problem. For illustration only, a firm that bills $50,000 a month to a single client and waits an extra month to be paid has doubled its outstanding balance and still has to pay staff every two weeks. It might be a profitable firm in a good market. It is also a firm that could use a bridge. Funding does not fix concentration risk, but it can keep a delay from becoming a layoff.
The application takes about five minutes and uses a soft credit pull. Funding can arrive in as little as 24 hours, from $25,000 to $5,000,000. Same-day delivery is not promised.
Compare working capital, equipment financing, lines of credit, term loans, merchant cash advances and bad-credit options. Area pages: Richardson, Dallas County and the Metroplex hub.
Funding can arrive in as little as 24 hours after you apply. Same-day delivery is not promised. The application takes about five minutes with a soft credit pull.
Late payment from a large customer is a common reason for working capital. Describe the delay and your usual payment time on the application.
No. Any Richardson business can apply, whether or not it serves the companies there.
Yes.
Yes.
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
