Working Capital for Machine Shops
Machine shops invest heavily in raw stock, tooling, and precision equipment for jobs that can take weeks to run before a finished part ships and gets invoiced. Paz Working Capital helps machine shops fund material, tooling, and payroll through long production cycles and industrial customer payment terms.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so machine shops never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. Raw stock and specialty tooling for a precision job order are often purchased well before the finished parts ship and get billed.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Industrial and OEM customers commonly pay on net-30 to net-60 terms, even for time-sensitive production runs.
One approval, draw what you need, and return for additional funding as your machine shops business performs. CNC machines and precision equipment require costly maintenance and calibration, and downtime directly delays every job in the queue.
Purchase raw stock and specialty tooling ahead of a precision job order
Cover shop payroll while OEM and industrial customers settle net-30 or net-60 invoices
Fund CNC machine maintenance, calibration, and repairs to avoid production downtime
Yes. Paz Working Capital can be used to buy raw stock and tooling upfront for a precision job order, ahead of shipping and billing the customer.
No. Qualification is based on your overall monthly revenue and time in business, not the payment terms of individual OEM or industrial customers.
Yes, funds can be used for equipment repairs and maintenance, along with any other legitimate business expense.
Paz funds machine shops from $2,500 to $5,000,000. Most machine shops qualify for $30,000 - $300,000, 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.
Machine Shops funding, approved in as little as 24 hours