Business financing in Midland County.
County-by-county financing guides. No paperwork. No social. No ID.
5 institutions are headquartered inside the Midland County line, and 4 more keep a branch here. Below, we say which is which.
Not this lane? Home FinancingPersonal Financing
The doors in Midland County.
The CDFIs, credit unions, and microlenders that actually say yes — county by county, in two languages. We are not a lender. Nobody paid to be listed. And where a county has no good doors, we say so.
- 9
- DOORS HERE
- 5
- BASED HERE
- 99
- TX COUNTIES WITH DOORS
- Lane
- Business Financing
- People
- 170Kresidents of Midland County
- Elsewhere in TX
- Harris County →51 doors — the biggest list of any other county in Texas
- State
- Texas →99 of 254 counties hold a door in this lane
- Heritage Usa Credit UnionPersonal · Home
- Members Financial Credit UnionPersonal · Home
- Mtcu Credit UnionMinority depositoryPersonal · Home
- My Community Credit UnionPersonal · Home
- West Texas Credit UnionPersonal · Home
Based elsewhere, with a member-facing office inside the Midland County line. You can walk in.
- 1st Community Credit UnionPersonal · Home · Business capital
- First Basin Credit UnionPersonal · Home · Business capital
- Southwest 66 Credit UnionPersonal · Home · Business capital
- Texas Tech Credit UnionPersonal · Home
- Accion Opportunity FundAccepts ITIN
Nonprofit small-business lender. Accepts ITIN in place of SSN. Serves most states, in English and Spanish.
Business capital - Grameen AmericaAccepts ITIN
Microloans for women entrepreneurs. Requires photo ID and proof of address — no SSN requirement. Branches in major metro areas.
Business capital - Mission Asset FundAccepts ITIN
Zero-interest lending circles and credit building. SSN or ITIN accepted. Works through nonprofit partners across the country.
Personal
How to read this list.
We do not ask for your name, your email, or your number. Nothing on this page changes based on who you are.
A door is headquartered here when its head office sits inside the county line. The rest are based elsewhere and keep a branch you can walk into. We list both, and we label which is which.
Every institution on this page comes from public federal data — the CDFI Fund certified list (Aug 2026), NCUA credit union data (Jun 2026), and the SBA microloan intermediary list (Sep 2026) — plus a short national tier we verified by hand. We refresh each list as its agency publishes. No listing is paid.
Midland County is the office side of the Permian Basin — oil company headquarters downtown, and around them a deep economy of welders, hotshot drivers, water haulers, roustabout crews, pipeline subcontractors and the restaurants, mechanics and cleaners who serve them. Money here moves in booms and busts, and lenders know it. This guide explains the business financing that exists, who qualifies, the documents you will need, which credit unions actually serve the county, the Texas rules that catch operators, and the offers to walk away from.
It's a process, not a rejection.
Business financing comes in four shapes, and picking the wrong one is what hurts people.
- A term loan — a fixed amount on a fixed schedule. For a one-ton truck, a gooseneck trailer, a welding rig, a vacuum truck, a pressure washer setup, a food trailer.
- Equipment financing — a loan secured by the machine itself. In the oilfield economy this is often the easiest door, because the truck or rig is the collateral.
- A line of credit — an approved ceiling you draw from and repay again and again. This is the tool for waiting on an operator or a prime contractor who pays on its own terms.
- A microloan — a smaller loan, usually from a nonprofit lender, built for the business a bank's automated system declines.
Grants exist too, but real ones come from governments and foundations, are competitive, and never arrive by text message.
Midland County's economy has one engine: oil and gas in the Permian Basin. The city of Midland holds the corporate offices, the landmen, the engineers and the accountants. Around them is a small-business economy that feeds the field: welding and fabrication shops, hotshot and freight trucking, water and sand hauling, roustabout and lease-service crews, pipeline and electrical subcontractors, equipment rental and repair.
Then there is the economy that feeds the workers: taquerías and food trucks, mechanic shops, tire shops, cleaning crews, RV parks, laundry, construction and remodeling for a housing market that tightens every time the rigs come back. Ranching and cotton still hold the rural edges of the county.
Each of those has its own money problem. A hotshot driver needs a truck and trailer and a cushion for fuel and repairs. A welding contractor needs a rig and a line of credit because operators pay slowly.
A food truck needs equipment money and a steady location.
And everyone in this county shares one problem: the boom-bust cycle. When oil prices drop, work disappears fast, and debt taken on at the top becomes very heavy at the bottom.
The smartest financing in Midland County is sized for the bust, not the boom. Borrow what you can repay when the rig count falls, and use the good months to build reserves and pay down equipment.
Forget what the banks say.
Every lender asks the same four questions: can you repay, have you repaid before, how long have you been doing this, and does the work make sense here. Here is how that lands on people who earn in the Permian.
- 01
**The hotshot or freight driver with your own authority.** Lenders want your USDOT registration, your insurance, your load history and bank deposits that match your settlements. A truck bought at the top of a boom with no reserves is the most common way drivers here go under.
- 02**The welder with your own rig
** Skilled, in demand, paid on invoices. Two years of tax returns, a list of the operators and contractors you work for, and deposits that match your invoices make you bankable.
- 03**The roustabout or field hand going independent
** You know the work and the people. What you usually lack is the business paperwork: an entity or assumed name, a business bank account, insurance. Fix those before you ask for money.
- 04**The 1099 worker paid per diem and overtime
** Per diem is real money but often is not counted as income. Talk to a tax preparer about how your income shows on your return — that is what a lender will read.
- 05**The food truck
Taquería or restaurant owner.** Busy when the field is busy. Lenders want a full year of sales, including slow months. A microlender is the likeliest yes for a first location or a first trailer.
- 06**The cleaning
Laundry or RV-park business.** Recurring contracts with companies or crews are strong evidence of income. Put them in writing.
- 07**The remodeling or construction contractor
** Demand follows the oilfield. Show that your business survives a slow year, and a lender will take you more seriously.
- 08**The business under two years old
** Most banks will decline. Nonprofit lenders will not automatically. Start there.
Get your papers in order.
Gather these once into one folder and you can apply to three lenders in the time it usually takes to apply to one.
- 01Government photo ID
Texas driver license or ID card, passport, or consular ID where accepted
- 02Your ITIN or Social Security number, and your EIN if the business has one
- 03
Your assumed name certificate from the county clerk if you operate under a business name as a sole proprietor, or your entity filing with the Texas Secretary of State if you formed an LLC or corporation
- 04Your Texas sales tax permit from the Comptroller if you sell taxable goods or services, plus your filed returns
- 05USDOT number
Motor carrier registration, CDL and insurance certificates if you haul
- 06Any trade license you need
Electrical, plumbing, air conditioning — from the state agency that issues it
- 07Two years of personal tax returns
Plus business returns if you have them, including Schedule C
- 08Three to six months of business bank statements
The single document that decides most files
- 09A simple profit-and-loss statement, even one you typed yourself
- 10One page describing the business
What you do, who pays you, what the money is for, how you will repay it — including what you will do if oil prices fall
- 11Titles for trucks and trailers
And an equipment list with serial numbers if you are offering collateral
- 12Master service agreements
Work orders, settlement statements or invoices from the operators and contractors who pay you
- 13Certificate of insurance
Many operators require it, and lenders will ask
- MISSING ONE?Ask Iris which one you're missing.ASK A QUESTION ↓
The doors worth knowing.
Be clear-eyed about what this county has.
ALL 9 DOORS, BY NAME AND BY TOWN- 9
- DOORS HERE
- 118
- ACROSS TX
Based in San Angelo, Texas. A credit union — owned by its members rather than by shareholders, which is exactly what changes the conversation after a bank has said no.
BEST FORA personal loan, or building a credit file from nothing, and buying, repairing or refinancing a home.Based in Odessa, Texas. A member-owned credit union, which means the people deciding on your file answer to depositors in the same towns you work in.
BEST FORBuying, repairing or refinancing a home, and working capital, equipment and payroll for a small business.Based in Odessa, Texas. A credit union: no shareholders to satisfy, and a habit of reading a whole story rather than a single score.
BEST FORWorking capital, equipment and payroll for a small business, and a personal loan, or building a credit file from nothing.Based in Midland, Texas. A credit union — owned by its members rather than by shareholders, which is exactly what changes the conversation after a bank has said no.
BEST FORBuying, repairing or refinancing a home, and a personal loan, or building a credit file from nothing.
Don't fall into these traps.
A phone call, money in two days, only bank statements required. It is not a loan — it is the sale of your future deposits at a discount, repaid by daily withdrawals that do not stop when the rigs stack and the work dries up. In a boom-bust county, this product destroys more small operators than any other. Before you sign one, call one of the credit unions on this page.
When work is everywhere, every dealer and lender says yes. When oil prices fall, the payment is still due. Buy what you can carry through a slow year, and keep reserves.
Read the total of all payments, not the monthly. Ask in writing what you own when the lease ends.
Selling your invoices to get paid faster can make sense for a trucker or a field contractor, but some agreements lock you in, take every invoice, and charge fees on top of fees. Read the term and the exit clause.
A legitimate lender takes its fee out of the funded loan, not from your card in advance.
One broker can generate a dozen hard inquiries and a stack of offers you did not ask for. Apply yourself, to two or three named institutions.
One accident on a lease road without proper coverage can end the business and leave you personally liable.
Real lenders do not have offers that expire at five o'clock today.
Everything below is set by Texas, and it reads the same in every county in it. The 9 marks above are this county's own doors — who opens one is decided by them, not by the state.
The rules where you are.
Texas is one of the easiest states to start a business in, and that ease hides a few rules that cost people money.
Texas does not tax personal income. It does require a sales tax permit from the Comptroller if you sell taxable goods or certain taxable services — and some oilfield-related services are taxable. LLCs and corporations also file an annual franchise tax report, even when no tax is due. Missing that report can cost your entity its good standing, and lenders check.
If you do business under any name other than your own legal name as a sole proprietor, you file an assumed name certificate with the county clerk. Banks often require it to open a business account in that name.
Electricians, plumbers, and air conditioning and refrigeration contractors need state licenses. Commercial truckers need a CDL, USDOT registration and, for intrastate hauling, motor carrier registration with the state. Oversize and overweight loads need permits. Operators and lenders will both ask.
Master service agreements with oil companies often include long payment cycles, insurance requirements and indemnity clauses. Read them before you sign, and plan your cash flow for the actual payment schedule, not the one you hope for.
Texas law lets contractors and suppliers file liens for unpaid work, including on oil and gas property, but the notice deadlines are short and technical. If you do not get paid, act quickly and get advice.
Texas funds local government through property taxes, and that includes business personal property — trucks, equipment, inventory. Expect a rendition and a bill from the county appraisal district. On the help side, the state's economic development office maintains programs for small businesses, mostly delivered through lenders and partners rather than directly. The Texas SBDC network is the free front door to all of it.
The short version.
- 01
Midland County runs on the oilfield, and so does its small-business money. Borrow for the bust, not for the boom. Open a business checking account and run every dollar through it. Keep your registrations, permits and insurance current — in this economy, operators and lenders check all of them.
- 02
There is no community development lender based inside this county, so be realistic about your doors: the local credit unions headquartered in Midland, the Permian Basin credit unions with branches here, and the national nonprofit lenders that are verified to lend to ITIN filers. Build the document folder above, call two of them, and compare what they say.
- 03
You do not need perfect credit, a Social Security number, or two years in business to get a real conversation with a nonprofit lender. Skip the merchant cash advance. Use the free SBDC and SCORE help before you borrow, not after.
- 04
Origen Capital is a directory, not a lender. We do not collect your information, we do not sell it, and we do not take applications. Use this page as a map, then work directly with a licensed lender, a credit union or a nonprofit community lender when you are ready.
Same county, another question.
Home FinancingPurchase, renovation, HELOC, and bridge loans for homeowners and investorsSEE IT IN MIDLAND COUNTY →
Personal FinancingPersonal loans, credit building, and ITIN-friendly financing optionsSEE IT IN MIDLAND COUNTY →99TX COUNTIES WITH DOORSThe whole stateEvery county in Texas, in this same lane.118 institutions fund small businesses inside Texas county lines.OPEN THE STATE →Still don't see your situation?
Ask Iris. She'll explain it the way it should have been explained the first time.