Fast Capital for Binghamton Businesses
Binghamton anchors the Southern Tier's economy with healthcare, higher education tied to its university, and a manufacturing base that traces back to its IBM and shoe-industry history. Its position near the Pennsylvania border makes it a modest regional trade hub.
Healthcare Services anchors much of Binghamton's economy. Operators here use working capital to carry payroll and supplier bills through the weeks when receivables lag behind the work.
Binghamton's higher education businesses run on equipment and people. Funding most often goes to replacing or adding equipment on the business's timeline, not a bank's.
Manufacturing operators in Binghamton use short-term capital to take on bigger jobs, larger orders, and new hires before the opportunity passes.
For retail in Binghamton, cash flow rarely follows the calendar. A revenue-based advance smooths the gap between slow stretches and busy ones.
Binghamton healthcare services operators replace aging equipment without waiting on a bank, keeping revenue flowing while the new equipment earns.
Binghamton higher education firms cover payroll and bring on new hires while waiting on customer payments, repaying as the receivables clear.
An established Binghamton manufacturing business funds the build-out and first months of a second location, drawing more later through AccessLine™ as the new site performs.
Most Binghamton businesses that have operated for at least six months with $10,000 or more in monthly revenue qualify, including healthcare services, higher education, manufacturing and service businesses. We look at overall business health, not just credit.
Applications take about five minutes, approvals come in as little as 24 hours, and funds are sent to your business bank account as soon as the next business day.
No. Paz purchases a portion of your future receivables at a fixed price, repaid through fixed daily or weekly payments sized to your sales. There is no interest rate and no collateral.
Funding runs from $2,500 to $5,000,000. Most Binghamton businesses qualify for $25,000 to $250,000 on a first draw, with more available through AccessLine™ as the business performs.
Get approved in as little as 24 hours