Fast Capital for Cedar Rapids Businesses
Cedar Rapids blends grain processing with advanced manufacturing, anchored by Collins Aerospace and a corridor of cereal and ethanol plants along the Cedar River. Locally owned machine shops and suppliers depend on working capital to keep pace with the manufacturers they serve.
Advanced Manufacturing anchors much of Cedar Rapids's economy. Operators here use working capital to carry payroll and supplier bills through the weeks when receivables lag behind the work.
Cedar Rapids's food & grain processing businesses run on equipment and people. Funding most often goes to replacing or adding equipment on the business's timeline, not a bank's.
Aerospace & Technology operators in Cedar Rapids use short-term capital to take on bigger jobs, larger orders, and new hires before the opportunity passes.
For insurance in Cedar Rapids, cash flow rarely follows the calendar. A revenue-based advance smooths the gap between slow stretches and busy ones.
Cedar Rapids advanced manufacturing operators replace aging equipment without waiting on a bank, keeping revenue flowing while the new equipment earns.
Cedar Rapids food & grain processing operators stock up before their busiest weeks with a working-capital draw repaid from daily sales.
An established Cedar Rapids aerospace & technology business funds the build-out and first months of a second location, drawing more later through AccessLine™ as the new site performs.
Most Cedar Rapids businesses that have operated for at least six months with $10,000 or more in monthly revenue qualify, including advanced manufacturing, food & grain processing, aerospace & technology 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 Cedar Rapids 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