Working Capital for Bookkeeping Firms
Bookkeeping firms bill clients monthly for recurring work while carrying staff salaries and software subscriptions that are due regardless of when client payments clear. Working capital covers that steady overhead as the client roster grows.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so bookkeeping firms never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. Monthly client invoices are sometimes paid late, which can leave a firm short on cash despite having a full client roster.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Bookkeeper and staff accountant salaries are fixed costs due every pay period, independent of client payment timing.
One approval, draw what you need, and return for additional funding as your bookkeeping firms business performs. Accounting software subscriptions and per-client tool licensing are typically billed upfront each month before client fees are collected.
Keep bookkeeping staff paid even when some client invoices run late.
Pay for accounting software and per-client licensing ahead of monthly client billing.
Invest in marketing and staffing to take on new clients before their fees start recurring.
Yes, qualification is based on the firm's total monthly revenue across all clients and time in business, not the size of any single retainer.
Funding can be used for any legitimate business purpose, including payroll, software subscriptions, marketing or hiring new staff.
No, there is no hard credit pull to get pre-qualified, and the application itself takes about five minutes.
Paz funds bookkeeping firms from $2,500 to $5,000,000. Most bookkeeping firms qualify for $15,000 - $125,000, based on monthly revenue and time in business rather than collateral.
A US business that has operated for at least six months with $10,000 or more in monthly revenue, your last three months of bank statements and your EIN. The application takes about five minutes, and there is no hard credit pull to get pre-qualified.
Bookkeeping Firms funding, approved in as little as 24 hours