Larkridge Funding Group, a small-business funding broker in Decatur, Illinois, sets Macon County's restaurants, medical and dental offices, contractors and retailers against the funding structures that suit their cash timing, using County Business Patterns and Nonemployer Statistics figures for each sector. Lending partners make credit decisions and set rates and terms.
The Macon County, Illinois employer mix
Of the county's 2,241 employer establishments in 2023, retail trade had 326, health care and social assistance 281, accommodation and food services 240 and construction 179 (U.S. Census Bureau, County Business Patterns 2023). Manufacturing carried the largest payroll, about $586.3 million, though it is not a sector we work with directly. The county figures in full are on our Decatur, IL page.
Restaurants and food service
Food services and drinking places had 218 employer establishments in Macon County in 2023, about one in ten of all employers, with 3,616 paid employees and about $77.8 million in annual payroll (U.S. Census Bureau, County Business Patterns 2023). Restaurants finance kitchen equipment, remodels and the slow early months. Read restaurant financing in Decatur, IL for the detail.
Medical and dental practices
Ambulatory health care, which takes in physician, dentist and other practitioner offices, had 174 employer establishments in the county in 2023, including 74 physician offices and 30 dentist offices, with about $186.4 million in annual payroll (U.S. Census Bureau, County Business Patterns 2023). A practice's funding questions usually concern imaging and treatment equipment, a fit-out, or covering payroll while claims are paid; equipment financing covers the machines and chairs.
Construction and the trades
Construction had 179 employer establishments in 2023, 121 of them specialty trade contractors, and 108 of the 179 had fewer than five employees (U.S. Census Bureau, County Business Patterns 2023). A further 428 construction businesses had no paid employees in 2024 (U.S. Census Bureau, Nonemployer Statistics 2024). Small contractors usually need equipment and money for materials before a job pays; a business line of credit suits that recurring timing gap.
Retail and wholesale
Retail had more employer establishments than any other sector in the county, 326, with 4,483 paid employees, and wholesale added 104; another 576 retail businesses had no paid employees in 2024 (U.S. Census Bureau, County Business Patterns 2023; U.S. Census Bureau, Nonemployer Statistics 2024). A store's cash sits in its stockroom, and inventory financing lets the stock carry its own debt.
What it costs to hold stock
Before financing inventory, a retailer should know what the stock already costs to carry. Inventory carrying costs for Decatur, Illinois retailers works through the arithmetic.
Sectors outside our work
Larkridge Funding Group does not arrange funding for agriculture or trucking businesses, and does not handle personal or consumer loans of any kind.
By Larkridge Funding Group · Updated