Mintgate Funding helps San Juan, TX business owners in Hidalgo County, TX compare six funding types, using ZIP 78589 figures from ZIP Code Business Patterns 2023. A request starts by phone or form and is matched with funding partners, who review it and decide.
At a glance
- Employer establishments, ZIP 78589
365 (ZBP 2023)
- Employers under five people, ZIP 78589
50.7% (ZBP 2023)
- Part of ZIP 78589's land within San Juan, TX
45.7% by land area (2020 ZCTA-place relationship)
- County
Hidalgo County, TX
Funding numbers for ZIP 78589 around San Juan, TX
San Juan, TX sits about 7.7 miles south of Edinburg, TX in a straight line, measured to the town's Census internal point. All of San Juan's land lies in ZIP 78589, but San Juan covers only 45.7% of that ZIP's land (2020 ZCTA-place relationship file), so every business count below is a ZIP 78589 count, not a town-limits count.
ZIP 78589 counted 365 employer establishments in 2023, 6,731 employees and $219.3 million in annual payroll (ZBP); 50.7% of the establishments had fewer than five employees. By our arithmetic that is about 18.4 employees per establishment and about $32,583 of payroll per employee, part-time jobs included.
| Sector (NAICS) | Employer establishments, ZIP 78589 | Under 5 on payroll |
|---|---|---|
| Health Care and Social Assistance (62) | 74 | 39.2% |
| Retail Trade (44) | 69 | 37.7% |
| Accommodation and Food Services (72) | 44 | 40.9% |
| Other Services (except Public Administration) (81) | 32 | 65.6% |
| Construction (23) | 31 | 71.0% |
Funding types a San Juan, TX owner can weigh
Health care and social assistance (74) and retail trade (69) were the two largest sectors in ZIP 78589 in 2023 (ZBP). A clinic waiting on insurance payments compares working capital with a line of credit; a shop stocking up compares inventory financing; a food business buying a range or a cooler compares equipment financing.
- Payroll before receipts: working capital or a line of credit.
- Stock bought ahead: inventory financing, secured by the goods.
- A kitchen line, chair or lift: equipment financing.
- A build-out or a purchase: a term loan.
San Juan, TX Compared With Hidalgo County, TX
The self-employed share of employed residents was 9.1% (plus or minus 2.1 points) in San Juan, TX and 13.9% (plus or minus 0.6) across Hidalgo County, TX (ACS 2020-2024). In ZIP 78589, 50.7% of employer establishments had fewer than five employees (ZBP 2023), against 50.0% county-wide (CBP 2023); the two come from different files, so read them as context rather than a ranking.
Sectors around San Juan, TX
After health care and retail, accommodation and food services (44), other services such as repair and personal care (32) and construction (31) followed in ZIP 78589 (ZBP 2023). Construction there was mostly small: 71.0% of those establishments had fewer than five employees. A small crew's request reads on contracts and draw schedules more than on a long financial history.
Before you apply from San Juan, TX
- Write down the bill and its due date.
- Pull recent business bank statements.
- Have equipment quotes or the purchase agreement ready if they apply.
- Know your ranges for time in business, annual revenue and requested amount.
How a San Juan, TX request reaches Mintgate in Edinburg, TX
Phone (956) 606-4585 or send the request form; the request is handled the same way as one from Edinburg. The county figures and city context are on the Edinburg, TX page , and the other town pages are listed on the service areas page .
Sectors served throughout San Juan, TX
Lending partners look at San Juan, TX companies across a wide range of trades, such as contractors and construction trades, restaurants and food service, medical and dental practices or retailers and wholesalers that carry stock. Whichever partner looks at the file looks at the full picture before deciding anything.
Statements and records for a San Juan, TX request
- Bank statements for the operating account for each of the last three to six months
- Last year's business tax return, plus personal returns if a partner asks
- An up-to-date income statement together with a balance sheet
- Current photo identification for every owner of the business
- Details of the debt the company already carries with each monthly payment
- The equipment invoice or purchase order showing make, model and price
Every partner asks for a slightly different file, so read this as a starting point.
The sequence after a request from San Juan, TX
- Phone (956) 606-4585 or send the short request form with the purpose of the funds.
- The details are shared with partners that offer the type of funding you asked about.
- The partner reviews what you sent and makes its own decision.
- Should a partner make an offer, check the full cost and the payment plan; accepting it is your choice.
Companies in San Juan, TX can handle the whole request by phone or online.
By Mintgate Funding ยท Updated