Working Capital for Performing Arts Theaters
Performing arts theaters front production costs, including sets, costumes, and cast pay, months before opening night ticket sales arrive. Paz Funding Source funds theaters and production companies through the gap between staging a show and selling it out.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so performing arts theaters never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. Set construction, costumes, lighting, and rehearsal space all require payment well before opening night generates any ticket revenue.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Ticket sales are concentrated around a show's run, leaving the weeks or months of production and rehearsal with little incoming cash.
One approval, draw what you need, and return for additional funding as your performing arts theaters business performs. Venue maintenance, including stage rigging, sound, and lighting systems, requires ongoing investment between productions.
Fund sets, costumes, and cast pay ahead of a show's opening night.
Maintain or upgrade stage, lighting, and sound systems between productions.
Cover marketing and staffing costs to launch a new performance season.
Yes. Working capital can fund sets, costumes, and cast pay while you're still weeks away from ticket revenue.
Yes. Paz works with qualifying US theater and production businesses that meet the standard revenue and time-in-business requirements, regardless of structure.
Approval can happen in as little as 24 hours, which helps cover the gap between closing one show and staging the next.
Paz funds performing arts theaters from $2,500 to $5,000,000. Most performing arts theaters qualify for $15,000 - $200,000, 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.
Performing Arts Theaters funding, approved in as little as 24 hours