Fast Capital for Bloomington Businesses
Bloomington is home to the Mall of America and sits directly beside Minneapolis-St. Paul International Airport, making hospitality, retail, and business travel the backbone of its economy. Hotels, restaurants, and event-services companies here depend heavily on tourism and convention traffic rather than a residential customer base.
Retail anchors much of Bloomington's economy. Operators here use working capital to carry payroll and supplier bills through the weeks when receivables lag behind the work.
Bloomington's hospitality & lodging businesses run on equipment and people. Funding most often goes to replacing or adding equipment on the business's timeline, not a bank's.
Tourism operators in Bloomington use short-term capital to take on bigger jobs, larger orders, and new hires before the opportunity passes.
Bloomington retail operators stock up before their busiest weeks with a working-capital draw repaid from daily sales.
Bloomington hospitality & lodging operators replace aging equipment without waiting on a bank, keeping revenue flowing while the new equipment earns.
Bloomington tourism firms cover payroll and bring on new hires while waiting on customer payments, repaying as the receivables clear.
Most Bloomington businesses that have operated for at least six months with $10,000 or more in monthly revenue qualify, including retail, hospitality & lodging, tourism 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 Bloomington 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