Fast Capital for Spartanburg Businesses
Spartanburg sits at the center of South Carolina's automotive manufacturing corridor, close enough to the BMW plant to host a dense cluster of tier-one and tier-two parts suppliers alongside a revitalized downtown restaurant and retail scene. Logistics and warehousing businesses have grown alongside the manufacturing base to move parts and finished vehicles.
Automotive & Advanced Manufacturing anchors much of Spartanburg's economy. Operators here use working capital to carry payroll and supplier bills through the weeks when receivables lag behind the work.
Spartanburg's logistics & 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.
Restaurants & Food Service operators in Spartanburg use short-term capital to take on bigger jobs, larger orders, and new hires before the opportunity passes.
Spartanburg automotive & advanced manufacturing operators replace aging equipment without waiting on a bank, keeping revenue flowing while the new equipment earns.
Spartanburg logistics & distribution operators stock up before their busiest weeks with a working-capital draw repaid from daily sales.
An established Spartanburg 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.
Most Spartanburg businesses that have operated for at least six months with $10,000 or more in monthly revenue qualify, including automotive & advanced manufacturing, logistics & distribution, restaurants & food service 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 Spartanburg 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