Fast Capital for Silver Spring Businesses
Silver Spring's downtown has redeveloped into a dense mixed-use business district just outside Washington, D.C., drawing federal contractors, media companies, and a wide range of restaurants and retail. Its diverse immigrant population supports an especially active small-business corridor of independent restaurants and specialty grocers.
Federal Contracting anchors much of Silver Spring's economy. Operators here use working capital to carry payroll and supplier bills through the weeks when receivables lag behind the work.
Silver Spring's media & communications businesses run on equipment and people. Funding most often goes to replacing or adding equipment on the business's timeline, not a bank's.
Restaurants & Retail operators in Silver Spring use short-term capital to take on bigger jobs, larger orders, and new hires before the opportunity passes.
For professional services in Silver Spring, cash flow rarely follows the calendar. A revenue-based advance smooths the gap between slow stretches and busy ones.
Silver Spring federal contracting crews front materials and labor on a larger contract, repaid as progress payments arrive instead of waiting on a bank line.
Silver Spring media & communications firms cover payroll and bring on new hires while waiting on customer payments, repaying as the receivables clear.
Silver Spring restaurants & retail operators stock up before their busiest weeks with a working-capital draw repaid from daily sales.
Most Silver Spring businesses that have operated for at least six months with $10,000 or more in monthly revenue qualify, including federal contracting, media & communications, restaurants & 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 Silver Spring 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