Fast Capital for Durham Businesses
Durham's economy centers on Duke University and Duke University Health System, alongside a dense cluster of biotech and pharmaceutical companies drawn by Research Triangle Park. A revitalized downtown of converted tobacco warehouses now houses a growing restaurant and startup scene.
Healthcare anchors much of Durham's economy. Operators here use working capital to carry payroll and supplier bills through the weeks when receivables lag behind the work.
Durham's technology businesses run on equipment and people. Funding most often goes to replacing or adding equipment on the business's timeline, not a bank's.
Professional Services operators in Durham use short-term capital to take on bigger jobs, larger orders, and new hires before the opportunity passes.
For restaurants & food service in Durham, cash flow rarely follows the calendar. A revenue-based advance smooths the gap between slow stretches and busy ones.
Durham healthcare operators replace aging equipment without waiting on a bank, keeping revenue flowing while the new equipment earns.
Durham technology firms cover payroll and bring on new hires while waiting on customer payments, repaying as the receivables clear.
An established Durham professional services business funds the build-out and first months of a second location, drawing more later through AccessLine™ as the new site performs.
Most Durham businesses that have operated for at least six months with $10,000 or more in monthly revenue qualify, including healthcare, technology, professional services 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 Durham 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