Working Capital for Chemical & Coatings Manufacturing
Chemical and coatings manufacturers carry significant raw material and regulatory compliance costs before a batch is ever sold. Working capital funds raw materials, compliance and equipment between customer payments.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so chemical & coatings manufacturing never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. Specialty chemicals and raw materials for coatings must be purchased and often pre-paid before a production batch begins, well before customers pay their invoices.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Environmental and safety compliance, from permits to specialized handling equipment, is a continuous cost that does not scale down when orders slow.
One approval, draw what you need, and return for additional funding as your chemical & coatings manufacturing business performs. Batch production means a single large order can tie up cash in raw materials and labor for weeks before the finished product ships and is invoiced.
Purchase specialty chemicals and raw materials ahead of production batches.
Fund the equipment and compliance costs regulated manufacturing requires.
Cover payroll and overhead while large batch orders move through invoice terms.
Yes, funds can be used for raw materials, compliance costs, equipment or any other business need tied to fulfilling production.
Paz does not require industry-specific licensing to apply; qualification is based on being a US business operating for at least six months with $10,000 or more in monthly revenue.
Most chemical and coatings manufacturers qualify for $30,000 to $250,000, based on monthly revenue and time in business, with funding available up to $5,000,000.
Paz funds chemical & coatings manufacturing from $2,500 to $5,000,000. Most chemical & coatings manufacturing qualify for $30,000 - $250,000, 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.
Chemical & Coatings Manufacturing funding, approved in as little as 24 hours