Working Capital for Vacation Rental Businesses
Vacation rental operators, from single-property hosts to multi-unit management companies, compete on photos, amenities and turnover speed between guest stays. Working capital helps operators furnish a new property, cover cleaning and maintenance costs, or add units to a growing portfolio.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so vacation rental businesses never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. Booking platforms often pay out on a delayed schedule after a guest stay, while cleaning, maintenance and mortgage or lease costs are due on a fixed timeline.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Furnishing and photographing a new property to a booking-platform standard requires significant upfront investment before the first reservation comes in.
One approval, draw what you need, and return for additional funding as your vacation rental businesses business performs. Seasonal demand and local events can cause sharp swings in occupancy that still leave fixed costs like insurance and property taxes unchanged.
Furnish and stage a new unit to a booking-platform-ready standard.
Cover cleaning, repairs and maintenance between guest stays.
Add units or properties to a growing vacation rental portfolio.
Yes, both single-property hosts and multi-unit vacation rental management companies can qualify. Underwriting looks at total monthly revenue across your portfolio.
No, qualification is based on your overall monthly revenue shown on bank statements, not on how quickly a specific platform pays out. Working capital is often used specifically to bridge that payout gap.
Yes, there is no restriction on use, so vacation rental operators commonly apply funding toward furnishing, staging and photographing a new unit. Funds can arrive as soon as the next business day after approval.
Paz funds vacation rental businesses from $2,500 to $5,000,000. Most vacation rental businesses qualify for $15,000 - $150,000, 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.
Vacation Rental Businesses funding, approved in as little as 24 hours