Fast Capital for Cambridge Businesses
Cambridge is the epicenter of the world's biotech industry around Kendall Square, home to MIT and dozens of pharmaceutical and life-sciences firms. The density of highly paid researchers supports a competitive restaurant and specialty-retail scene along Massachusetts Avenue and Harvard Square.
Biotech & Life Sciences anchors much of Cambridge's economy. Operators here use working capital to carry payroll and supplier bills through the weeks when receivables lag behind the work.
Cambridge's higher education businesses run on equipment and people. Funding most often goes to replacing or adding equipment on the business's timeline, not a bank's.
Technology operators in Cambridge use short-term capital to take on bigger jobs, larger orders, and new hires before the opportunity passes.
For restaurants & food service in Cambridge, cash flow rarely follows the calendar. A revenue-based advance smooths the gap between slow stretches and busy ones.
Cambridge biotech & life sciences firms cover payroll and bring on new hires while waiting on customer payments, repaying as the receivables clear.
An established Cambridge higher education business funds the build-out and first months of a second location, drawing more later through AccessLine™ as the new site performs.
Cambridge technology crews front materials and labor on a larger contract, repaid as progress payments arrive instead of waiting on a bank line.
Most Cambridge businesses that have operated for at least six months with $10,000 or more in monthly revenue qualify, including biotech & life sciences, higher education, technology and service businesses. We look at overall business health, not just credit.
Applications take about five minutes, approvals come in as little as 24 hours, and funds are sent to your business bank account as soon as the next business day.
No. Paz purchases a portion of your future receivables at a fixed price, repaid through fixed daily or weekly payments sized to your sales. There is no interest rate and no collateral.
Funding runs from $2,500 to $5,000,000. Most Cambridge businesses qualify for $25,000 to $250,000 on a first draw, with more available through AccessLine™ as the business performs.
Get approved in as little as 24 hours