Fast Capital for Newport News Businesses
Newport News is built around Huntington Ingalls Industries, the nation's largest military shipbuilder, and the surrounding supply chain of machine shops, fabricators, and marine contractors that keep the shipyard running. Retail corridors nearby serve the city's shipyard workforce.
Manufacturing anchors much of Newport News's economy. Operators here use working capital to carry payroll and supplier bills through the weeks when receivables lag behind the work.
Newport News's defense & government contracting businesses run on equipment and people. Funding most often goes to replacing or adding equipment on the business's timeline, not a bank's.
Trucking & Logistics operators in Newport News use short-term capital to take on bigger jobs, larger orders, and new hires before the opportunity passes.
For retail trade in Newport News, cash flow rarely follows the calendar. A revenue-based advance smooths the gap between slow stretches and busy ones.
Newport News manufacturing operators replace aging equipment without waiting on a bank, keeping revenue flowing while the new equipment earns.
Newport News defense & government contracting crews front materials and labor on a larger contract, repaid as progress payments arrive instead of waiting on a bank line.
An established Newport News trucking & logistics business funds the build-out and first months of a second location, drawing more later through AccessLine™ as the new site performs.
Most Newport News businesses that have operated for at least six months with $10,000 or more in monthly revenue qualify, including manufacturing, defense & government contracting, trucking & 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 Newport News 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