Working Capital for Tire Shops
Tire shops tie up cash in inventory across dozens of sizes and brands, then compete on fast turnaround that leaves little room for cash flow surprises. Working capital keeps tire inventory stocked and bays staffed year-round.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so tire shops never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. Carrying inventory across the many tire sizes and brands customers ask for ties up cash before a single tire is sold.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Seasonal swings between tire-change rushes and slower months make revenue uneven while rent and payroll stay constant.
One approval, draw what you need, and return for additional funding as your tire shops business performs. Fleet and commercial accounts often expect invoiced terms, delaying payment on some of the shop's largest orders.
Stock a full range of tire sizes and brands ahead of seasonal demand.
Add or upgrade equipment to serve more vehicles and vehicle types.
Smooth cash flow across seasonal demand swings and fleet account terms.
Yes. Many tire shops use working capital to buy inventory ahead of seasonal demand spikes, such as winter tire season, so shelves are stocked when customers arrive.
Approval can happen in as little as 24 hours after applying, with funding available soon after, so inventory or equipment needs do not have to wait.
No. Paz Working Capital is a purchase of your future receivables, not a secured loan, so your equipment and inventory are never pledged as collateral.
Paz funds tire shops from $2,500 to $5,000,000. Most tire shops 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.
Tire Shops funding, approved in as little as 24 hours