Working Capital for Metal Fabrication Shops
Metal fabrication shops buy raw steel and alloy stock up front for custom jobs while general contractor and industrial customers pay on extended invoice terms. Working capital covers material and payroll costs across every project.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so metal fabrication shops never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. Raw steel, aluminum and specialty alloy stock must be purchased before fabrication begins, while customer payment often lands 30 to 60 days after delivery.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Welding, cutting and CNC equipment require ongoing maintenance and occasional major repairs that cannot wait without stalling every job in the shop.
One approval, draw what you need, and return for additional funding as your metal fabrication shops business performs. Large custom fabrication contracts tie up shop capacity and material cost for weeks before the finished product is delivered and invoiced.
Buy steel, aluminum and alloy stock ahead of fabrication jobs.
Maintain and upgrade the welding, cutting and CNC equipment the shop depends on.
Cover payroll and overhead while large fabrication jobs move through invoice terms.
Yes, funds can be used for raw materials, equipment, payroll or any other business need tied to fulfilling a fabrication contract.
No. Paz Working Capital is a purchase of your future receivables, not a secured loan, so your machinery and shop equipment are never pledged.
Most metal fabrication shops 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 metal fabrication shops from $2,500 to $5,000,000. Most metal fabrication shops 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.
Metal Fabrication Shops funding, approved in as little as 24 hours