Fast Capital for Lafayette Businesses
Lafayette pairs a large Subaru assembly plant with Purdue University just across the Wabash River in West Lafayette, giving the metro both a heavy-manufacturing base and a steady stream of research and engineering activity. Small suppliers and logistics firms have grown up around the automotive plant's supply chain.
Automotive Manufacturing anchors much of Lafayette's economy. Operators here use working capital to carry payroll and supplier bills through the weeks when receivables lag behind the work.
Lafayette's education & research businesses run on equipment and people. Funding most often goes to replacing or adding equipment on the business's timeline, not a bank's.
Logistics operators in Lafayette use short-term capital to take on bigger jobs, larger orders, and new hires before the opportunity passes.
For agriculture in Lafayette, cash flow rarely follows the calendar. A revenue-based advance smooths the gap between slow stretches and busy ones.
Lafayette automotive manufacturing operators replace aging equipment without waiting on a bank, keeping revenue flowing while the new equipment earns.
Lafayette education & research firms cover payroll and bring on new hires while waiting on customer payments, repaying as the receivables clear.
An established Lafayette logistics business funds the build-out and first months of a second location, drawing more later through AccessLine™ as the new site performs.
Most Lafayette businesses that have operated for at least six months with $10,000 or more in monthly revenue qualify, including automotive manufacturing, education & research, logistics 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 Lafayette 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