Crestford Lending, a small-business funding broker in Waterloo, Iowa, works with Waverly owners in Bremer County by phone and online. ZIP 50677 had 313 employer establishments in 2023 (Census ZBP), led by health care. Crestford Lending explains funding routes; lending partners decide and set rates and terms.
| County | Bremer County, IA |
|---|---|
| ZIP 50677 employers | 313 payroll employers, 2023 (Census ZBP) |
| Under five employees | 45.4 percent of the ZIP's employers |
| ZIP 50677 employees | 5,732 on payrolls in March 2023 |
| Self-employed residents | 9.8% (+/- 2.6), ACS 2020-2024 |
| ZIP 50677 land inside Waverly, IA | 8.8% |
Waverly, IA is in Bremer County, Iowa
Waverly sits in Bremer County, outside Black Hawk County, so the county numbers on our Waterloo page do not describe it. The figures below come from ZIP 50677, of which Waverly covers about 8.8 percent of the land (2020 ZCTA-place relationship file).
Employers in ZIP 50677, 2023
ZIP 50677 held 313 employer establishments in 2023, with 5,732 employees and about $288.0 million in annual payroll; 45.4 percent had fewer than five employees (U.S. Census Bureau, ZIP Code Business Patterns 2023).
| Sector | Establishments | Under 5 employees |
|---|---|---|
| Health care and social assistance | 46 | 34.8% |
| Other services | 43 | 62.8% |
| Retail trade | 40 | 20.0% |
| Accommodation and food services | 34 | 35.3% |
| Finance and insurance | 31 | 61.3% |
| Construction | 28 | 50.0% |
Source: U.S. Census Bureau, ZIP Code Business Patterns 2023.
How many Waverly, IA residents are self-employed
An estimated 9.8 percent of employed Waverly residents were self-employed (margin of error 2.6): 3.5 percent in incorporated businesses and 6.3 percent in unincorporated ones (American Community Survey 2020-2024). With that margin, the figure cannot be called higher or lower than Iowa's 10.2 percent.
Practices, retailers and restaurants in ZIP 50677
A health care-led mix usually means equipment questions: exam and treatment chairs, imaging, sterilisation and practice software, typically financed against the equipment itself. Retailers in the ZIP were mostly beyond the smallest size class (only 20.0 percent under five employees), so staffing and stock are both meaningful costs. The 34 food service and lodging establishments face kitchen replacement and remodel decisions sooner or later.
Finance, professional and trade firms in ZIP 50677
Finance and insurance employers numbered 31 in the ZIP, more than six in ten of them under five employees, and professional, scientific and technical firms numbered 18 (Census ZBP 2023). Small office-based firms like these usually need working capital tied to billing cycles, or a line of credit to smooth uneven months, more often than equipment.
The 28 construction employers, half of them under five employees, bring the familiar contractor questions: equipment, materials ahead of payment, and covering payroll while waiting on a general contractor. ZIP 50677 employers paid about $288.0 million in wages across 5,732 employees in 2023 (Census ZBP).
Preparing a request from Waverly, IA
A clinic or practice in Waverly asking about equipment should have the vendor quote, the model and a sense of how many patients the item serves. A retailer should bring sales by month and the stock plan. A contractor should bring current contracts and what is owed by whom. In every case, business bank statements in the business's own name are the first thing partners read.
From Waverly, IA to W 4th St
Owners in Waverly reach Crestford Lending at (319) 340-8656 or online; the office is at 315 W 4th St, Waterloo, IA 50701. Other towns we cover and the office-side county figures are linked here.
Waverly, IA sectors our partners fund
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, and Crestford Lending works with businesses like these in Waverly, IA. Each partner still decides case by case.
What to gather before you call
- Business checking statements covering roughly the last quarter or two
- Business and personal tax returns for the latest year
- An up-to-date P&L and balance sheet, even if you prepare them yourself
- A driver's license or passport for each owner
- Your articles of organization or incorporation and the EIN letter
- Details of any loans, leases or advances the business already carries
No two partners ask for exactly the same file, so use this as a checklist rather than a rule.
How a request moves forward
- It starts with a call to (319) 340-8656 or the short contact form. On the phone we cover the purpose of the funds, time in business and approximate monthly revenue.
- We walk through the funding types that suit that purpose and the paperwork partners tend to ask for. Nothing goes out until you say so.
- After you give the go-ahead, we share the request with suitable lending partners, and each one decides on its own.
- Any offer comes from the partner. Read the total cost, the payment schedule and the terms before deciding; turning it down is always an option.
Our office is at 315 W 4th St, Waterloo, IA 50701.
By Crestford Lending · Updated
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