Dallas anchors the biggest metropolitan area in Texas. Staffing agencies, real estate service firms and IT shops all pay people before they are paid.
Apply Now →Dallas is the ninth most populous city in the United States and the third most populous in Texas, with 1.3 million residents at the 2020 census. Together with Fort Worth, it anchors the Dallas-Fort Worth metroplex, the fourth most populous metropolitan area in the United States and the most populous in Texas, at 8.5 million people. It is also the largest inland metropolitan area in the country that lacks any navigable link to the sea.
The businesses here are as varied as the metroplex. Three that share a pattern are staffing agencies, real estate service firms and IT service companies. In each, people do the work, people are paid first, and clients pay later.
A staffing agency pays its workers weekly, often before the client has paid the agency's invoice. Every new placement adds payroll before it adds revenue, so growth itself consumes cash. An agency that wins a big account may need to float several weeks of wages for a large crew. See staffing agencies in Dallas.
Brokers, property managers and related service firms earn income at closings or on monthly management cycles. Between them, they pay for marketing, licensing, office space and staff. A slow quarter can be long. See real estate services in Dallas.
IT firms hire expensive talent and bill by project or milestone. A large engagement can mean months of salary before the first payment. See IT services in Dallas.
For a business that pays people before it collects, the cash tied up is roughly: weekly payroll multiplied by the weeks until clients pay. A staffing agency with $50,000 in weekly payroll and clients that pay in five weeks has about $250,000 tied up. A smaller IT shop with $15,000 weekly and a six-week wait has about $90,000. These are invented round numbers, not our terms or typical outcomes. The formula is the useful part.
Growth makes it worse. Doubling the headcount doubles the float, which is why fast-growing service firms so often feel cash-poor.
In a market as big as the metroplex, a service firm often has one or two clients that account for a large share of its billings. That makes the wait for payment from a single client a major event for the whole business. If you are in this position, check how long that client actually takes to pay, not how long the contract says it should, and size your cushion to the real number. Better still, keep a record of the last several payments so the figure is based on history rather than hope.
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. For single purchases, see term loans or equipment financing. Also see a business line of credit, a merchant cash advance and fast funding. Owners in Irving, Garland, Grand Prairie, Mesquite, Carrollton, Richardson, Rowlett and DeSoto can apply too, and the Dallas County page adds context.
Each new placement adds payroll before it adds revenue, so growth increases the amount tied up.
Multiply your weekly payroll by the number of weeks clients take to pay.
Yes.
$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.
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