Working Capital for Waste Management Companies
Waste management and hauling companies operate capital-intensive fleets of trucks and containers that must run reliably every day regardless of when customer invoices get paid. Paz Funding Source helps waste management businesses fund trucks, containers, and repairs to keep routes running.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so waste management companies never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. Garbage trucks, roll-off containers, and compactors are expensive to purchase and maintain, and a truck down for repair can disrupt an entire day's collection route.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Commercial and municipal waste contracts often pay on net-30 terms or later, while fuel, labor, and disposal costs are due well before that payment arrives.
One approval, draw what you need, and return for additional funding as your waste management companies business performs. Landfill tipping fees and environmental compliance costs must be paid at the point of disposal, ahead of collecting payment from customers served on that route.
Buy or repair the trucks and containers a waste management route depends on.
Cover payroll and disposal costs while waiting on net-30 commercial or municipal contract payments.
Fund the equipment and staffing needed to add new routes or service areas.
Yes, working capital can be used for tipping fees and other disposal costs along with any other business expense.
Working capital can cover payroll, fuel, and disposal costs while you wait for contract payments to arrive, with repayment sized to your regular revenue.
Yes, funds can go toward purchasing additional trucks or containers to take on new routes or service areas.
Paz funds waste management companies from $2,500 to $5,000,000. Most waste management companies qualify for $25,000 - $400,000, 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.
Waste Management Companies funding, approved in as little as 24 hours