Working Capital for Bus & Charter Companies
Bus and charter companies operate expensive vehicles against event and group bookings that often pay deposits up front but settle final balances well after the trip. Working capital covers fleet maintenance and driver payroll between bookings.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so bus & charter companies never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. Group and event charters often pay only a deposit before the trip, leaving the final balance outstanding while fuel and driver costs are due immediately.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Bus fleets require expensive scheduled maintenance and DOT inspections that cannot be skipped without risking the vehicle's ability to operate.
One approval, draw what you need, and return for additional funding as your bus & charter companies business performs. Booking volume swings heavily around school years, event seasons and holidays, creating uneven cash flow against steady fleet overhead.
Keep buses inspection-ready and on the road for booked charters.
Cover driver payroll and staffing needs across booking cycles.
Bridge the gap between charter deposits and final trip payments.
Yes, that is a common use of working capital for charter bus companies, covering costs while the balance of a booking is still outstanding.
No. Funding is a purchase of your business's future receivables, not a loan secured by your vehicles, so your buses are never pledged as collateral.
Most bus and charter companies qualify for $25,000 to $200,000, based on monthly revenue and time in business, with funding available up to $5,000,000.
Paz funds bus & charter companies from $2,500 to $5,000,000. Most bus & charter companies qualify for $25,000 - $200,000, based on monthly revenue and time in business rather than collateral.
A US business that has operated for at least six months with $10,000 or more in monthly revenue, your last three months of bank statements and your EIN. The application takes about five minutes, and there is no hard credit pull to get pre-qualified.
Bus & Charter Companies funding, approved in as little as 24 hours