Working Capital in Lewisville, TX

From Holford's Prairie to a Mid-Cities hub

Lewisville was originally called Holford's Prairie and dates to the early 1840s. Its first railroad arrived in 1881, and it incorporated in 1925. When construction of Lewisville Lake finished in the 1950s, the city began to expand rapidly. The 2020 census counted 111,822 people in Denton County, with portions extending into Dallas County. Today it is one of the Mid-Cities of the Dallas-Fort Worth metroplex.

The business base includes oilfield service, equipment and supply firms, haulers, and the restaurants, hotels and shops that serve field crews, alongside the usual main-street trades.

The payment chain behind a supply order

Follow a single supply order through three businesses:

1. The supply firm buys inventory and holds it until a customer orders.
2. The service company orders what it needs, uses it on a job and pays on net terms.
3. The lunch spot and hotel feed and house the crew, and are paid daily, but must buy ahead.

The supplier fronts the goods, the service company waits on its own customer, and only the restaurant is paid the same day. When any link slows, the link before it feels it. That chain is why one slow payer can produce cash problems in three different places.

What helps and what doesn't

Trade-specific reading

The food and lodging side of Lewisville's economy has its own page on restaurants. Contractors can read about construction, and practices about healthcare. If your credit history is a worry, see bad-credit business loans in Lewisville.

Sizing the gap in a supply chain

Because the pain in a supply chain comes from a few slow payers, you can size working capital more precisely than most owners think. List your customers, mark which ones pay in under two weeks and which take a month or more, and total the amount owed by the slow group at any given time. That total is roughly what your cash is tied up in. For illustration, a supplier with $60,000 outstanding from slow payers and $20,000 in monthly fixed costs has a smaller gap than its total sales suggest. Ask for enough to cover that tied-up balance and a short buffer, and not much more.

Applying

The application takes about five minutes and uses a soft credit pull. Sole proprietors can apply. Funding runs from $25,000 to $5,000,000 and can arrive in as little as 24 hours. Start the application, or see Denton County and Lewisville funding.