Fast Capital for Saco Businesses
Saco pairs a historic mill downtown, twinned economically with neighboring Biddeford, with a summer tourism trade drawn by Camp Ellis and Ferry Beach. The Amtrak Downeaster stop has helped small restaurants and shops downtown capture visitor traffic beyond the beach season, while light industrial and distribution businesses occupy the city's outskirts along Route 1.
Tourism & Hospitality anchors much of Saco's economy. Operators here use working capital to carry payroll and supplier bills through the weeks when receivables lag behind the work.
Saco'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.
Retail operators in Saco use short-term capital to take on bigger jobs, larger orders, and new hires before the opportunity passes.
For manufacturing in Saco, cash flow rarely follows the calendar. A revenue-based advance smooths the gap between slow stretches and busy ones.
Saco tourism & hospitality operators replace aging equipment without waiting on a bank, keeping revenue flowing while the new equipment earns.
Saco restaurants & food service operators stock up before their busiest weeks with a working-capital draw repaid from daily sales.
An established Saco retail business funds the build-out and first months of a second location, drawing more later through AccessLine™ as the new site performs.
Most Saco businesses that have operated for at least six months with $10,000 or more in monthly revenue qualify, including tourism & hospitality, restaurants & food service, retail 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 Saco 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