Crestford Lending, a small-business funding broker in Waterloo, Iowa, helps Evansdale owners over the phone and through its online request. ZIP 50707, which includes Evansdale, had 101 employer establishments in 2023 (Census ZBP), led by retail trade. Crestford Lending explains funding routes; lending partners decide and set terms.
| County | Black Hawk County, IA |
|---|---|
| ZIP 50707 employers | 101 payroll employers, 2023 (Census ZBP) |
| Under five employees | 45.5 percent of the ZIP's employers |
| ZIP 50707 employees | 880 on payrolls in March 2023 |
| ZIP payroll | About $34.9 million (2023) |
| ZIP 50707 land inside Evansdale, IA | 48.7% |
Evansdale, IA in Black Hawk County, Iowa
Evansdale is an incorporated city in Black Hawk County, the same county as Crestford Lending's Waterloo address. Its own ZIP code, 50707, is the most useful lens on local businesses, with one caution: Evansdale covers about 48.7 percent of that ZIP's land, so ZIP figures include businesses outside city limits (2020 ZCTA-place relationship file).
Employers with a ZIP 50707 address
ZIP 50707 held 101 employer establishments in 2023, with 880 employees and about $34.9 million in annual payroll. Nearly half of them, 45.5 percent, kept a staff of four or fewer (U.S. Census Bureau, ZIP Code Business Patterns 2023).
| Sector | Establishments | Under 5 employees |
|---|---|---|
| Retail trade | 24 | 25.0% |
| Other services | 13 | 61.5% |
| Health care and social assistance | 11 | 54.5% |
| Accommodation and food services | 11 | 45.5% |
| Wholesale trade | 9 | 44.4% |
| Construction | 8 | 75.0% |
Source: U.S. Census Bureau, ZIP Code Business Patterns 2023. Counts this small swing from year to year, so read them as a shape, not a trend.
Stock, counters and small crews in Evansdale, IA
Retail and wholesale together make up a third of ZIP 50707's employer establishments, which points to cash tied up in goods. For those owners the usual questions are how to pay for stock ahead of sales and whether a revolving limit or a single advance fits better. Six of the eight construction firms in the ZIP had fewer than five employees, the profile where one large materials order can strain cash.
Self-employment estimates for Evansdale itself carry a margin of error almost as large as the estimate (American Community Survey 2020-2024), so we do not quote them here.
Evansdale, IA requests by size
With 880 employees spread over 101 employer establishments, the average employer in ZIP 50707 is small, about nine people (Census ZBP 2023, our division). Requests from businesses that size are usually judged on the owner's bank statements and credit as much as on the business itself, and the amounts tend to follow a specific purchase: a cooler for a convenience store, a second service van, a stock order for a parts counter.
Wholesalers are worth a separate mention. Nine of the ZIP's employer establishments were wholesale trade, and wholesalers often carry more inventory relative to sales than retailers do. For them, stock-backed funding and receivables timing are the two questions that matter.
Evansdale, IA and the wider county
Evansdale sits inside Black Hawk County, so the countywide figures on our Waterloo page do apply here: 3,105 employer establishments and 8,500 businesses without payroll (Census CBP 2023; NES 2024). The ZIP figures above narrow that picture to the Evansdale area.
Records and permits for Evansdale, IA businesses
Evansdale sets its own city rules for things like signs and building work, separate from Waterloo's.
From Evansdale, IA to W 4th St
Owners in Evansdale reach Crestford Lending at (319) 340-8656 or through the online request; the office address is 315 W 4th St, Waterloo, IA 50701. The Black Hawk County picture has the countywide figures, and every area served lists the other towns.
Evansdale, IA sectors our partners fund
For Evansdale, IA owners, Crestford Lending focuses on the sectors our lending partners have confirmed they fund: contractors and construction trades, restaurants and food service, medical and dental practices and retailers and wholesalers that carry stock. Approval is never automatic for any sector.
Documents to have ready
- Recent business bank statements (partners often ask for three to six months)
- Your most recent business tax return
- A year-to-date profit and loss statement and balance sheet
- Government-issued ID for each owner
- Formation documents and your EIN
- A simple schedule of current business debt and monthly payments
Partners differ in what they request; this list covers the usual ground.
How a request moves forward
- You call (319) 340-8656 or send the short form (name, contact details and business name). When we speak, we ask what the money is for, how long you have been in business and roughly what the business brings in.
- You hear which options match the need and what a partner will likely want to review. We submit nothing without your approval.
- With your permission, we take the request to lending partners that offer that kind of funding. Each partner reviews it and makes its own credit decision.
- If a partner makes an offer, you compare the total cost, payment schedule and terms. You are never obligated to accept.
Crestford Lending is based at 315 W 4th St, Waterloo, IA 50701.
By Crestford Lending · Updated
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