An economy with several clocks
Oxnard sits at the western edge of the fertile Oxnard Plain, next to fields of strawberries, lima beans and other vegetable crops. Its economy includes defense, international trade, agriculture, manufacturing and tourism, and it is a manufacturing center within the Greater Los Angeles Area. The nearby Port of Hueneme is the only deep-harbor commercial port between Los Angeles and San Francisco, used by companies such as Del Monte Foods, Chiquita, BMW, Land Rover and Jaguar. Energy, especially petroleum, finance, transportation and high tech round it out.
Each of those runs on its own calendar. Growers follow the season, port service firms follow vessel schedules, and manufacturers follow purchase orders. A small business that serves more than one of them can find every customer paying late at the same time.
Fast, not same-day
We do not promise same-day funding. Approved files are funded in as little as 24 hours. The terms we can state are short:
| Item | Detail |
|---|---|
| Amount | $25,000 to $5,000,000 |
| Application | About 5 minutes, soft credit pull |
| Credit | FICO 500+ considered |
| Documents | About three months of business bank statements; no tax returns |
| Who can apply | Includes sole proprietors |
For illustration: a cooling and packing supplier
A company that services refrigeration units for produce packers gets a run of emergency calls in peak harvest. It needs $55,000 in compressors and parts now, and its customers pay 30 to 60 days after the work. Without fast funding, the owner either turns down calls or drains the payroll account. With complete statements and a note explaining last winter's slow months, the file can move quickly. These figures are examples only, not our terms or typical results.
Preparing an Oxnard file
- Show the season. If your last three months straddle a slow period, say so.
- Keep one business account. Deposits from growers, shippers or manufacturers should land in the account you send.
- Match names. The business name on the application should match the bank statements exactly.
- Stay reachable. A same-day reply to a follow-up question keeps the decision on pace.
Picking a product that fits the cycle
Seasonal needs that repeat each year may fit an Oxnard line of credit. Forklifts, reefer units and production machines often fit equipment financing. For a fixed repayment schedule, see term loans; for general operating needs, working capital. Businesses with sales that rise and fall can compare revenue-based financing, and newer owners can read startup business loans.