Fast Capital for Iowa City Businesses
Home to the University of Iowa and its academic medical center, Iowa City's economy centers on health care and higher education, with a dense cluster of clinics, labs, and biotech startups spun out of university research. Student turnover keeps local retail and food service busy year-round.
Health Care anchors much of Iowa City's economy. Operators here use working capital to carry payroll and supplier bills through the weeks when receivables lag behind the work.
Iowa City'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.
Biotechnology operators in Iowa City use short-term capital to take on bigger jobs, larger orders, and new hires before the opportunity passes.
For professional services in Iowa City, cash flow rarely follows the calendar. A revenue-based advance smooths the gap between slow stretches and busy ones.
Iowa City health care operators replace aging equipment without waiting on a bank, keeping revenue flowing while the new equipment earns.
Iowa City higher education firms cover payroll and bring on new hires while waiting on customer payments, repaying as the receivables clear.
An established Iowa City biotechnology business funds the build-out and first months of a second location, drawing more later through AccessLine™ as the new site performs.
Most Iowa City businesses that have operated for at least six months with $10,000 or more in monthly revenue qualify, including health care, higher education, biotechnology 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 Iowa City 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