Plano's small businesses sit beside corporate headquarters and serve their people. Working capital keeps your costs current while customers pay: $25,000 to $5,000,000, funded in as little as 24 hours.
Apply Now →Plano is the largest city in Collin County, with a small portion in Denton County, and one of the principal suburbs of the Dallas-Fort Worth metroplex. The 2020 census counted 285,494 residents, making it the ninth most populous city in Texas. It is home to the headquarters of Frito-Lay, JCPenney, Pizza Hut and Toyota Motor North America. A small business near a corporate campus draws on its employees and visitors for hospitality and retail traffic, and often supplies larger firms directly.
Large customers pay reliably, but they often pay slowly, on terms of a month or more set by a purchasing system you cannot influence. A caterer, printer, landscaper or contractor serving a corporate account can have a valuable customer and a cash problem at the same time. The usual pattern looks like this:
The larger the account, the larger the gap, so growing with a big customer is the situation that most often needs working capital.
Weekday lunch runs strong; evenings and weekends are quieter. Fixed costs are flat across the week.
Season and promotions drive swings. Buying inventory ahead of a peak is a classic use.
Corporate travel and events rise and fall. Staff must be scheduled before bookings are certain.
If your need is a specific piece of equipment, see equipment financing in Plano. If the need recurs, a business line of credit may fit better. For a single larger purchase, see term loans. For the timing of funding, read about same-day funding in Plano.
For illustration only: a caterer with a $40,000 corporate order, $24,000 in food and labor costs, and a 45-day payment cycle has a gap of $24,000 for about six weeks. A request near that figure fits the problem; a much larger one would not.
Concentration is common among suppliers to large firms: one account may be half of revenue. That makes payment timing from that account the main driver of your cash. Track it separately. If it slips by two weeks, how much cash do you lose, and for how long? Whatever the answer, it is the best single input to your working-capital request, because it describes the actual risk you are covering rather than an average of all your customers.
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 here, or see Collin County funding and merchant cash advances.
Large customers often pay on long terms, while the supplier pays materials and wages immediately.
It can be, because a bigger order means a bigger gap between costs and payment.
Total the costs of fulfilling the order and match them to the customer's payment cycle.
Yes.
About five minutes, with 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
