Richardson is an inner suburb of Dallas where thousands of businesses share a few square miles. A term loan helps the small ones that serve them.
Apply Now →Richardson is in Dallas and Collin counties and had 119,469 residents at the 2020 census. It is an inner suburb of Dallas and the home of the University of Texas at Dallas and the Telecom Corridor, with a high concentration of telecommunications companies. More than 5,000 businesses operate inside the city's 28 square miles, including many large telecommunications and networking names.
That density creates a particular kind of small-business opportunity. Someone has to feed the people who work there, repair the equipment they use, print their materials, clean their offices and treat them when they are sick.
Small suppliers to large organizations often get paid on the larger company's schedule, not their own. A contractor or service firm might be waiting on an invoice while rent and payroll continue. That is a timing issue, best matched with working capital.
Term funding comes in when a contract requires something you do not yet own. Landing a bigger account often means a bigger vehicle, a larger work area, more tools, or software and hardware that the account demands.
| Business | What the new account might require | One-time cost |
|---|---|---|
| Office cleaning or maintenance | A second crew and vehicle | Van, equipment, supplies |
| IT or low-voltage contractor | Test gear and a service vehicle | Tools and a truck |
| Caterer or café | Capacity to serve a larger office | Kitchen equipment, delivery vehicle |
| Print and sign shop | A larger press or cutter | The machine itself |
A Richardson sign shop is offered recurring work from a large tenant but needs a $65,000 wide-format machine to do it. The owner's test: if the contract were halved, would the machine still pay for itself over time? If yes, the purchase is reasonable. If no, a smaller step is safer. These are made-up round figures, not our terms.
It also pays to ask the new customer how long it takes to get paid. A contract that pays in sixty days needs more cushion than one that pays in fifteen, and that cushion belongs in the plan before the equipment is ordered, not after.
We fund $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. See also equipment financing, a business line of credit, a merchant cash advance and fast funding. Local pages cover restaurants, construction and healthcare. Neighboring Dallas, Irving, Garland, Grand Prairie, Mesquite, Carrollton, Rowlett and DeSoto owners can apply as well, and the metroplex overview has more.
No. Any defined purchase can qualify as a use. A contract is simply a common reason to buy.
That is a working-capital problem, not a purchase problem. Keep the two separate when you plan.
Yes.
$25,000, up to $5,000,000.
Yes, the application 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
