Fast Capital for Troy Businesses
Troy's economy blends Rensselaer Polytechnic Institute's research and engineering output with a revitalized downtown of small restaurants, breweries, and specialty retailers occupying its historic industrial buildings. Advanced manufacturing tied to campus research has added a modern layer to the city's 19th-century industrial architecture.
Higher Education & Research anchors much of Troy's economy. Operators here use working capital to carry payroll and supplier bills through the weeks when receivables lag behind the work.
Troy'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.
Advanced Manufacturing operators in Troy use short-term capital to take on bigger jobs, larger orders, and new hires before the opportunity passes.
For retail in Troy, cash flow rarely follows the calendar. A revenue-based advance smooths the gap between slow stretches and busy ones.
Troy higher education & research firms cover payroll and bring on new hires while waiting on customer payments, repaying as the receivables clear.
Troy restaurants & food service operators stock up before their busiest weeks with a working-capital draw repaid from daily sales.
Troy advanced manufacturing operators replace aging equipment without waiting on a bank, keeping revenue flowing while the new equipment earns.
Most Troy businesses that have operated for at least six months with $10,000 or more in monthly revenue qualify, including higher education & research, restaurants & food service, advanced 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 Troy 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