Fast Capital for Lakewood Businesses
Lakewood's dense, walkable Detroit Avenue corridor supports one of the highest concentrations of independent restaurants and small retailers in greater Cleveland. Limited land for new construction keeps competition for storefronts tight, which has made steady working capital important for businesses managing rent and inventory.
Restaurants & Food Service anchors much of Lakewood's economy. Operators here use working capital to carry payroll and supplier bills through the weeks when receivables lag behind the work.
Lakewood's retail trade 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 Lakewood use short-term capital to take on bigger jobs, larger orders, and new hires before the opportunity passes.
For healthcare in Lakewood, cash flow rarely follows the calendar. A revenue-based advance smooths the gap between slow stretches and busy ones.
Lakewood restaurants & food service operators stock up before their busiest weeks with a working-capital draw repaid from daily sales.
An established Lakewood retail trade business funds the build-out and first months of a second location, drawing more later through AccessLine™ as the new site performs.
Lakewood professional services firms cover payroll and bring on new hires while waiting on customer payments, repaying as the receivables clear.
Most Lakewood businesses that have operated for at least six months with $10,000 or more in monthly revenue qualify, including restaurants & food service, retail trade, 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 Lakewood 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