A trader pays suppliers, brokers and carriers, then waits for the buyer. Apply in five minutes; funding can arrive in as little as 24 hours.
Apply Now →An import-export company buys goods in one place, moves them across a border and sells them in another. Along the way it pays the supplier, the freight, the customs broker and various fees, and it is paid only when the buyer takes delivery and settles the invoice. The longer the route, the longer the money is out.
Laredo is the largest inland port on the Mexican border, with a trade-driven economy and land, rail and air cargo hub in one place. Texas traders working through Laredo, other border crossings and the Gulf ports operate in one of the busiest corridors in the country, and the cash timing is a daily fact of the work.
Four of the five steps are cash going out. A delay at any point extends the wait.
| Cost | Why it matters |
|---|---|
| Inventory | Paid for before it can be sold, often in large lots |
| Broker and handling fees | Due at crossing or on release, not when the buyer pays |
| Storage and warehousing | Accrues while goods wait for a buyer or for release |
| Buyer payment timing | Set by the buyer, not the seller |
For illustration only, with round numbers and no relation to our terms: a trader buys $80,000 of goods, pays $6,000 in freight and broker charges, and sells to a buyer on forty-five-day terms. The trader has $86,000 out for six weeks before any of it returns.
Not every shipment deserves the same cash. A trader with a dependable buyer who pays on time can move quickly. One selling to a new buyer, or to a country with slower settlement, should size the commitment more carefully. The trader's real working-capital need often depends on the slowest buyer in the mix, because that account holds the longest balance.
When you apply, say which part of the cycle is stretching you: supplier prepayment, broker and handling charges, storage or buyer terms. A clear answer helps the application match the actual pressure on your business.
This is working capital for a business. It is not trade financing against a particular shipment or letter of credit, and we do not set terms for your commercial dealings. If your company is moving goods across the border and you need cash to keep the next shipment going while the last one is paid, that is the situation the application is for.
Sole proprietors can apply, including small traders working with a few regular customers. The application takes about five minutes and uses a soft credit pull. Funding runs from $25,000 to $5,000,000, and can arrive in as little as 24 hours.
Yes. Inventory and broker fees ahead of buyer payment are the standard uses. Funding can arrive in as little as 24 hours.
No. The application is statewide. Laredo is one example of a trade hub.
No. It is business working capital, not tied to a specific shipment.
Yes. Sole proprietors can apply.
From $25,000 to $5,000,000.
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
