Working Capital for Courier & Delivery Services
Courier and last-mile delivery companies run fleets of vehicles against tight delivery windows while client contracts pay out weeks after the work is done. Working capital covers vehicles, drivers and fuel between invoice cycles.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so courier & delivery services never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. Corporate and medical courier contracts typically pay on net-30 terms while drivers, fuel and vehicle maintenance are due every week.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Adding routes or a new client contract means paying for additional drivers and vehicles before the new revenue starts arriving.
One approval, draw what you need, and return for additional funding as your courier & delivery services business performs. A single vehicle breakdown can take a route out of service and cost same-day delivery contracts if it is not replaced quickly.
Keep vehicles running and drivers paid between client invoice cycles.
Fund the ramp-up needed to take on a new delivery contract or route.
Bridge the gap between completed deliveries and client payment.
Yes. Paz looks at monthly revenue and time in business rather than fleet size, so owner-operators and small courier companies with $10,000 or more in monthly revenue can qualify.
Repayment is fixed and automatic, daily or weekly, sized to fit around your delivery schedule rather than a single lump-sum due date.
Yes. Funds can go toward a vehicle purchase, lease payment or repair, or any other business need you decide is the priority.
Paz funds courier & delivery services from $2,500 to $5,000,000. Most courier & delivery services qualify for $10,000 - $100,000, 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.
Courier & Delivery Services funding, approved in as little as 24 hours