Fast Capital for Passaic Businesses
Passaic's dense, walkable downtown supports one of North Jersey's largest concentrations of immigrant-owned small businesses, from Latino grocery stores and restaurants to textile and apparel wholesalers along Main Avenue.
Retail Trade anchors much of Passaic's economy. Operators here use working capital to carry payroll and supplier bills through the weeks when receivables lag behind the work.
Passaic's restaurants & food service businesses run on equipment and people. Funding most often goes to replacing or adding equipment on the business's timeline, not a bank's.
Textiles & Apparel operators in Passaic use short-term capital to take on bigger jobs, larger orders, and new hires before the opportunity passes.
For manufacturing in Passaic, cash flow rarely follows the calendar. A revenue-based advance smooths the gap between slow stretches and busy ones.
Passaic retail trade operators stock up before their busiest weeks with a working-capital draw repaid from daily sales.
An established Passaic restaurants & food service business funds the build-out and first months of a second location, drawing more later through AccessLine™ as the new site performs.
Passaic textiles & apparel firms cover payroll and bring on new hires while waiting on customer payments, repaying as the receivables clear.
Most Passaic businesses that have operated for at least six months with $10,000 or more in monthly revenue qualify, including retail trade, restaurants & food service, textiles & apparel 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 Passaic 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