Fast Capital for Scranton Businesses
Scranton has diversified from its coal-mining past into healthcare, higher education, and a distribution and call-center economy that took advantage of its highway access and lower costs relative to New York and Philadelphia. Its downtown has seen steady small-business revitalization in recent years.
Healthcare Services anchors much of Scranton's economy. Operators here use working capital to carry payroll and supplier bills through the weeks when receivables lag behind the work.
Scranton's warehousing & distribution businesses run on equipment and people. Funding most often goes to replacing or adding equipment on the business's timeline, not a bank's.
Higher Education operators in Scranton use short-term capital to take on bigger jobs, larger orders, and new hires before the opportunity passes.
For retail in Scranton, cash flow rarely follows the calendar. A revenue-based advance smooths the gap between slow stretches and busy ones.
Scranton healthcare services operators replace aging equipment without waiting on a bank, keeping revenue flowing while the new equipment earns.
Scranton warehousing & distribution operators stock up before their busiest weeks with a working-capital draw repaid from daily sales.
Scranton higher education firms cover payroll and bring on new hires while waiting on customer payments, repaying as the receivables clear.
Most Scranton businesses that have operated for at least six months with $10,000 or more in monthly revenue qualify, including healthcare services, warehousing & distribution, higher education 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 Scranton 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