Fast Capital for Lawrence Businesses
Lawrence's Merrimack River mills once powered the American textile industry, and today the city's large Latino business community runs a dense corridor of restaurants, grocery stores, and retail shops along Essex Street.
Retail Trade anchors much of Lawrence's economy. Operators here use working capital to carry payroll and supplier bills through the weeks when receivables lag behind the work.
Lawrence's restaurants & food service businesses run on equipment and people. Funding most often goes to replacing or adding equipment on the business's timeline, not a bank's.
Manufacturing operators in Lawrence use short-term capital to take on bigger jobs, larger orders, and new hires before the opportunity passes.
For textiles & apparel in Lawrence, cash flow rarely follows the calendar. A revenue-based advance smooths the gap between slow stretches and busy ones.
Lawrence retail trade operators stock up before their busiest weeks with a working-capital draw repaid from daily sales.
An established Lawrence restaurants & food service business funds the build-out and first months of a second location, drawing more later through AccessLine™ as the new site performs.
Lawrence manufacturing operators replace aging equipment without waiting on a bank, keeping revenue flowing while the new equipment earns.
Most Lawrence businesses that have operated for at least six months with $10,000 or more in monthly revenue qualify, including retail trade, restaurants & food service, manufacturing 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 Lawrence 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