A peninsula in the South Bronx where food wholesalers, warehouses and delivery operators live on payment timing. Working capital from $25,000 to $5,000,000 is built for that gap.
Apply Now →Hunts Point sits on a peninsula bounded by the Bruckner Expressway, the Bronx River and the East River. It is home to the Hunts Point Cooperative Market, one of the largest food distribution facilities in the world, and the produce market opened in 1967 and the meat market in 1974 as the area was built out as an In-Place Industrial Park. Access to the Tri-State region, rail lines and open space drew businesses in the first place.
A wholesaler in that setting is a middleman in time as much as in goods. Suppliers and growers expect payment quickly. Restaurants, grocers and institutional buyers pay on their own terms. The wholesaler carries the difference.
For illustration only, with round numbers and not our terms: a produce wholesaler buys $60,000 of goods in a week and pays suppliers within days. Customers take three to five weeks to pay. The wholesaler needs to float roughly a month of purchasing before the first dollar returns, and then keeps buying every week while the old invoices are still open.
The float grows with every extra customer. Winning a bigger account makes the cash gap larger before it makes it smaller, which is why growth can feel like a cash crisis. Working capital sized to the float lets the business take the bigger account without delaying supplier payments.
Long-haul trucking has its own cash-flow rules, and we do not promise funding to any specific industry. Every application is reviewed on its own bank statements.
We offer $25,000 to $5,000,000, funded in as little as 24 hours after a 5-minute application. A FICO of 500+ is considered, the first credit pull is soft, and we ask for about three months of business bank statements. No tax returns are required, and sole proprietors can apply. If credit is the obstacle, start with bad-credit funding in Hunts Point, or go straight to the application.
Yes. We look at the business bank statements and the owner, not the size of the building. Sole proprietors can apply.
Your bank statements already show it. Deposits that arrive in clusters after long gaps are typical for distribution, and the funding is sized to carry the gap.
No. We ask for about three months of business bank statements instead.
No. The location is not a requirement. Warehouses, delivery businesses and food suppliers elsewhere in the neighborhood can apply too.
We make no promise to any industry. Applications are reviewed one at a time, and long-haul trucking operates under different cash-flow conditions than local delivery.
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
