Business financing in Crosby County.

Small business financing is any loan, line of credit, or funding arrangement that helps you start, run, or grow a business. In Crosby County, that might mean buying a work truck for a contracting operation, covering a slow season on the farm, purchasing equipment for an oil-field service company, or opening a small storefront in Ralls.

Financing is not free money — you borrow it and pay it back with interest over time. The key is finding terms that fit your cash flow rather than terms that strain it. There are several types of financing available:

• **Term loans** — a lump sum you repay in fixed monthly installments, good for equipment or property.

• **Lines of credit** — a revolving pool of funds you draw from and repay as needed, good for operating costs and seasonal gaps.

• **Microloans** — smaller loans (often under $50,000) designed for new or very small businesses.

• **Equipment financing** — the equipment itself serves as collateral, so approval can be easier.

• **SBA-backed loans** — the federal Small Business Administration guarantees part of the loan, encouraging lenders to approve businesses they might otherwise turn down.

Origin Capital is a directory, not a lender. This guide points you to the right local doors to knock on.

Crosby County sits on the South Plains of Texas, anchored by the city of Ralls. Agriculture — cotton, grain sorghum, and cattle — drives much of the county's economy, alongside oil-field services that support the broader Permian Basin and Llano Estacado regions. Many residents are self-employed, work seasonally, or run operations that don't look like a traditional Main Street business on paper.

Lenders who know this region understand things like:

• **Seasonal income** — a cotton farmer or farm-supply contractor may show uneven monthly income. Regional lenders look at annual cash flow, not just last month's bank statement.

• **Self-employment** — sole proprietors and owner-operators may not have W-2s. Two years of tax returns (Schedule C or Schedule F for farm income) is typically what lenders want to see.

• **ITIN borrowers** — if you do not have a Social Security Number but file taxes with an Individual Taxpayer Identification Number (ITIN), you can still qualify at several lenders listed in this guide. Your ITIN tax history is real evidence of your business activity.

• **Thin credit files** — some local and CDFI lenders use alternative underwriting, such as utility payment history or business bank statements, for borrowers with limited credit history.

• **Startups** — some microloan programs do not require you to have been in business for years. A solid business plan and demonstrated ability to repay can be enough.

Being in a rural county does not disqualify you — in fact, several programs specifically target rural areas like Crosby County.

Gathering your paperwork before you approach a lender saves time and makes you look prepared. Every lender is a little different, but here is what most will ask for:

**For all applicants:**

• Government-issued photo ID (driver's license, passport, or consular ID / matrícula consular)

• ITIN or Social Security Number

• Last 2 years of personal tax returns (federal)

• Last 2 years of business tax returns, if the business has been operating that long

• Last 3–6 months of business bank statements

• Last 3–6 months of personal bank statements

**For established businesses:**

• Profit and loss statement (your lender or a bookkeeper can help you prepare one)

• Balance sheet

• List of existing debts (loans, credit cards, leases)

**For startups or newer businesses:**

• A written business plan — describe what your business does, who your customers are, and how you will repay the loan

• Projected revenue and expenses for the next 12–24 months

**For agricultural operations:**

• Farm Service Agency (FSA) farm records or farm lease agreements

• Recent crop insurance documents, if applicable

**For ITIN borrowers specifically:**

• ITIN card or CP565 notice from the IRS

• 2–3 years of ITIN-filed tax returns

• Proof of local address (utility bill, lease agreement)

Tip: Organize everything in a folder — physical or digital — before your first meeting. Lenders appreciate borrowers who come prepared.