Working Capital for School & Student Transportation
Companies contracted to provide school and student transportation run large bus fleets against school district contracts that pay on fixed schedules regardless of when maintenance and payroll costs land. Working capital keeps buses compliant and staffed all year.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so school & student transportation never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. School district contracts typically pay on a set monthly or per-term schedule, while driver payroll and fuel costs are due every week the buses run.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Buses must pass strict state safety inspections and maintenance standards, and taking one out of service without a backup can jeopardize a route.
One approval, draw what you need, and return for additional funding as your school & student transportation business performs. Summer break and school holidays bring long stretches with little or no district revenue, while some fleet and staffing costs continue.
Keep buses passing safety inspections and in service for district routes.
Recruit and retain the drivers needed to cover every route.
Cover costs through summer break and school holidays between district payments.
Yes. Many school transportation contractors use working capital to cover payroll and fleet costs during summer break and school holidays when district revenue slows.
Yes, revenue from school district transportation contracts counts toward the $10,000 or more in monthly revenue needed to qualify, along with any other business revenue.
Approval can happen in as little as 24 hours, which can matter when a bus needs an urgent repair to stay in compliance for its route.
Paz funds school & student transportation from $2,500 to $5,000,000. Most school & student transportation 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.
School & Student Transportation funding, approved in as little as 24 hours