Hicksville began as a Long Island Rail Road stop and grew into a busy Nassau County commercial center. For its owners, the question is which funding shape fits each cash need.
Apply Now →Hicksville is a hamlet in the Town of Oyster Bay, in Nassau County, with 43,869 residents in 2020. Its namesake, Valentine Hicks, bought land here in 1834 and turned it into a Long Island Rail Road station stop in 1837; the area later shipped produce and became a bustling New York City suburb after World War II. The station is still part of the story: commuters, nearby offices and the stores and services around them keep traffic steady through the week.
Steady traffic does not mean steady cash. A shop can have a good month and a bad month for reasons that have nothing to do with its quality. The tool that best covers that variance depends on what is causing it.
| Revolving line | Working capital | Term loan | |
|---|---|---|---|
| Use case | Repeating small gaps | A defined cash need now | A project or purchase with a payback |
| Hicksville example | Payroll before a slow month ends | Restocking ahead of a season | Renovating a second location |
| Main risk | Balance never reaching zero | Sizing the amount too large | Payback slower than planned |
These are general categories, not a statement of what any particular offer looks like. The right answer is the one that matches how and when the money comes back.
A Hicksville electrical contractor invoices $60,000 of work in a quarter but gets paid late on a third of it. Round numbers, not our terms: he needs about $18,000 a month for materials and two helpers. In month two, payment from a general contractor is delayed, and a $20,000 draw bridges it. When that payment lands, he repays the draw and goes back to zero. The line is working as intended. If he used the same line to buy a $70,000 van, the balance would hang around for years.
If you can answer all three, the draw probably fits. If not, consider a different structure.
We fund $25,000 to $5,000,000 and can fund in as little as 24 hours. FICO 500+ is considered, and we ask for about three months of business bank statements without requiring tax returns. The five-minute application uses a soft credit pull. Sole proprietors can apply. Apply here.
Compare working capital, term loans and equipment financing, or browse construction funding and healthcare funding. Wider context: Nassau County.
If the shortfall repeats in small amounts, a line suits it. If you have a defined cash need now, such as a restock, working capital may be the cleaner match.
Yes, that is a typical use: bridging the weeks between paying labor and materials and receiving the customer payment.
A multi-year asset fits equipment financing or a term loan better than a revolving line.
No. We review about three months of business bank statements.
It uses a soft credit pull, and FICO 500+ is considered.
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
