Heronbrook Financial brokers commercial business loans in Wichita Falls, TX for small and mid-sized businesses that need capital, equipment, real estate, or working funds. We connect qualified borrowers to institutional lenders across SBA 7(a), equipment financing, commercial real estate, working capital, lines of credit, invoice factoring, and specialty programs, then guide the documentation from application through closing.
What we broker
Fast, local guidance and lender matching for Wichita Falls businesses.
Learn moreFast, local guidance and lender matching for Wichita Falls businesses.
Learn moreFast, local guidance and lender matching for Wichita Falls businesses.
Learn moreFast, local guidance and lender matching for Wichita Falls businesses.
Learn moreFast, local guidance and lender matching for Wichita Falls businesses.
Learn moreFast, local guidance and lender matching for Wichita Falls businesses.
Learn moreA commercial-loan broker like Heronbrook Financial saves time by matching your file to the right lender before you apply. Instead of guessing which bank will approve your deal, we review your documentation, identify the strongest program, and prepare the package so underwriters see exactly what they need. For Wichita Falls businesses juggling operations along the Old Jacksboro Highway corridor or managing multi-location shops near Sheppard AFB, that upfront clarity turns weeks of back-and-forth into a single, organized submission. We work with you in person at our Wichita Falls office or by phone, walking through tax returns, bank statements, and collateral schedules until every question is answered before the file goes out.
Wichita Falls sits at the intersection of agriculture, defense contracting, healthcare, and energy services. Businesses here often carry seasonal revenue swings, government contracts that require bridge funding, or equipment fleets that need replacement on tight timelines. Lenders understand those patterns when the documentation tells the story clearly, and our role is to make sure it does.
SBA loans
The SBA 7(a) program offers up to $5 million in government-guaranteed financing for acquisition, expansion, working capital, or debt refinance, with terms as long as 25 years on real estate and ten years on equipment. Underwriters approve deals when cash flow covers the new payment by at least 1.15x, personal credit sits above 680, and the business shows two years of tax returns with positive net income. Collateral follows an "available assets" rule: you pledge what you have, but the SBA guarantee reduces lender risk so you don't need dollar-for-dollar coverage.
Documentation includes two years of business and personal tax returns, year-to-date profit-and-loss, interim balance sheet, personal financial statement, and a one-page narrative explaining use of funds. If you're buying a business, add the purchase agreement and seller's tax returns. If you're refinancing debt, include payoff letters and a 12-month payment history. We assemble that package, flag any gaps, and submit to SBA-preferred lenders who know the Wichita Falls market.
Many Sheppard AFB contractors and Main Street retailers use SBA 7(a) to buy buildings, consolidate short-term debt, or fund inventory before peak season. The guarantee keeps rates competitive, and the long amortization keeps payments manageable even when revenue dips. Learn more about SBA loans in Wichita Falls.
Working capital
Working capital loans deliver short-term funds to cover payroll, inventory, or receivables gaps, typically repaid within 12 to 18 months through daily or weekly ACH sweeps. Underwriters approve files that show consistent deposit activity, positive operating cash flow, and a clear reason the business needs bridge funds rather than permanent debt. These loans do not require real estate collateral; lenders rely on UCC liens against receivables, inventory, or a personal guarantee.
You'll submit six months of business bank statements, the most recent profit-and-loss, and a brief explanation of the cash gap. If your Wichita Falls shop waits 60 days for invoice payment but payroll runs every two weeks, that's the story the lender needs. We match your file to lenders who specialize in short-cycle funding, so underwriters already expect the patterns your statements will show.
Working capital is popular among Wichita Falls service contractors and wholesale distributors who invoice municipalities or prime contractors tied to Sheppard AFB projects. Explore working capital options in Wichita Falls.
Equipment financing
Equipment financing spreads the cost of machinery, vehicles, or technology across 24 to 84 months, using the equipment itself as collateral so you preserve cash and other assets. Lenders approve deals when the borrower has been in business at least two years, shows steady revenue, and can document that the equipment will generate income or reduce operating costs. The equipment must be commercial-grade and hold resale value; lenders typically finance 100 percent of the invoice for new equipment and 80 to 90 percent for used.
Documentation includes a vendor quote or invoice, two years of business tax returns, year-to-date profit-and-loss, and a brief description of how the equipment fits your operation. If you're replacing an aging truck or adding a CNC mill, the lender wants to see that your current revenue supports the payment and that the asset won't sit idle. We prepare the file so underwriters can price and approve quickly, often within 48 hours for straightforward deals.
Wichita Falls manufacturers, oilfield service companies, and agricultural operations rely on equipment financing to stay competitive without tying up lines of credit. Read the full equipment financing guide.
Real estate
Commercial real estate loans fund the purchase or refinance of owner-occupied or investment properties, with amortizations up to 25 years and loan-to-value ratios typically capped at 80 percent. Underwriters approve deals when the business demonstrates debt-service coverage of at least 1.25x, the property appraises at or above purchase price, and the borrower brings 10 to 20 percent down. For owner-occupied properties, lenders want to see that at least 51 percent of the square footage will house your operations.
You'll provide a purchase agreement or current mortgage statement, two years of business and personal tax returns, rent roll if the property has tenants, year-to-date financials, and personal financial statement. If the property needs renovation, include contractor bids and a scope of work. We organize the package, order the appraisal through the lender's approved list, and track conditions through closing.
Wichita Falls businesses along Kell Boulevard, the Southwest Parkway corridor, and near Iowa Park often buy their own buildings to lock in occupancy costs and build equity. See how commercial real estate loans work in Wichita Falls.
A business line of credit provides revolving access to funds up to a pre-approved limit, with interest charged only on the outstanding balance and the ability to draw, repay, and draw again. Underwriters approve lines when the business shows at least two years of operating history, consistent deposit activity, and positive cash flow. Personal credit above 680 and a clean payment history on existing debt strengthen the file.
Documentation mirrors a term loan: two years of tax returns, year-to-date profit-and-loss, interim balance sheet, and six months of bank statements. The lender reviews your average daily balance and monthly revenue to set the credit limit, typically 10 to 20 percent of annual sales. We match your file to banks and non-bank lenders who offer lines suited to your industry and transaction volume.
Wichita Falls retailers, HVAC contractors, and professional-services firms use lines of credit to smooth cash flow between jobs or manage inventory turns without reapplying for funds every quarter. Discover business lines of credit in Wichita Falls.
Invoice factoring
Invoice factoring converts outstanding receivables into immediate cash by selling invoices to a factoring company at a discount, typically advancing 70 to 90 percent within 24 hours. Factoring companies approve deals based on the creditworthiness of your customers, not your business, so startups and companies with thin credit histories can qualify. The factor collects payment directly from your customer when the invoice matures, then remits the reserve minus the factoring fee.
You'll submit a schedule of open invoices, customer payment history, and proof of delivery or service completion. The factor verifies invoices, checks your customers' credit, and sets advance rates and fees accordingly. We connect you to factors experienced with government contracts, oilfield services, and healthcare receivables common in the Wichita Falls market.
Businesses near Sheppard AFB and Cashion Community that invoice federal agencies or prime contractors often use factoring to bridge the 30- to 60-day payment window without waiting on a traditional loan. Learn about invoice factoring in Wichita Falls.
Service area
Heronbrook Financial serves Wichita Falls, Sheppard AFB, Iowa Park, Pleasant Valley, Lakeside City, Dean, and Cashion Community. We meet clients at our office on Old Jacksboro Highway or travel to your location if you're managing a job site or retail floor. The drive from Iowa Park takes twelve minutes; Sheppard AFB is eight minutes east. We know the lenders who understand Texoma-region business cycles, the appraisers who cover Wichita County commercial properties, and the documentation standards that get files approved without delays. View our complete service area.
Every loan program has a checklist. We hand you that list on day one, explain why each document matters to the underwriter, and review what you send before the lender sees it. Tax returns need to reconcile with your profit-and-loss. Bank statements need to show the deposits you listed as revenue. Personal financial statements need to match asset titles and loan balances. When those pieces align, underwriters move quickly. When they don't, you get condition letters and delays.
We've walked hundreds of Wichita Falls business owners through this process. You'll know exactly what to gather, how to organize it, and what the underwriter will ask before the question arrives. That's the documentation-made-simple approach, and it's why our files close on schedule. Read more about Heronbrook Financial.
At a glance
Common questions
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Why Wichita Falls owners trust Heronbrook Financial
