Working Capital for Property Management Companies
Property management companies front maintenance, vendor and staffing costs across a portfolio of properties while management fees and owner reimbursements often lag the actual expense. Working capital keeps repairs and payroll moving without waiting on owner reimbursement cycles.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so property management companies never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. Maintenance and repair costs are frequently paid to vendors immediately, while reimbursement from property owners can take weeks to process.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Management fee income is typically a small percentage of collected rent, which limits how much cash is on hand for larger unexpected repairs.
One approval, draw what you need, and return for additional funding as your property management companies business performs. Leasing staff and maintenance crew payroll runs on a fixed schedule that does not pause for slow-paying tenants or vacant units.
Pay vendors and contractors for repairs while waiting on owner reimbursement to come through.
Keep leasing agents and maintenance staff paid through seasonal vacancy swings.
Add staff or systems to take on more units or properties under management.
Yes, funding can be used for any legitimate business purpose, including covering emergency repair costs while waiting on owner reimbursement.
Qualification is based on the company's monthly revenue and time in business rather than portfolio size specifically, though a larger portfolio typically drives higher revenue.
Repayment is a fixed daily or weekly amount sized to your revenue rather than a lump sum, which fits the recurring but sometimes uneven collections property managers see.
Paz funds property management companies from $2,500 to $5,000,000. Most property management companies qualify for $25,000 - $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.
Property Management Companies funding, approved in as little as 24 hours