Working Capital for Snow Removal Companies
Snow removal companies earn nearly all of their revenue in a compressed winter season, while trucks, plows, and salt inventory have to be paid for and ready well before the first storm hits. Paz Working Capital helps snow removal businesses fund equipment and salt supply ahead of the season and cover payroll during the off-season.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so snow removal companies never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. Most snow removal revenue is concentrated in a few winter months, leaving a long off-season with ongoing equipment and insurance costs.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Plows, salt spreaders, and bulk salt or brine supply are typically purchased before the season starts, ahead of any snowfall revenue.
One approval, draw what you need, and return for additional funding as your snow removal companies business performs. Commercial snow removal contracts with property managers and municipalities often pay on net-30 terms even during active storm response.
Buy or repair plows, spreaders, and trucks before the first storm of the season
Stock bulk salt and brine supply ahead of winter demand
Cover insurance, equipment storage, and overhead through the summer months
Yes. Paz Working Capital can be used to purchase plows, spreaders, and bulk salt or brine supply ahead of the season, before any snowfall revenue comes in.
Qualification is based on your overall monthly revenue and time in business, generally six or more months and $10,000 or more in monthly revenue, even with revenue concentrated in winter months.
Yes, funds can be used to cover overhead, insurance, and equipment storage costs during the off-season, or any other legitimate business expense.
Paz funds snow removal companies from $2,500 to $5,000,000. Most snow removal companies qualify for $20,000 - $150,000, 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.
Snow Removal Companies funding, approved in as little as 24 hours