Working Capital for Translation & Interpreting Services
Translation and interpreting agencies pay a network of linguists per project while corporate and agency clients often settle invoices on net-30 or net-60 terms. Working capital keeps linguist payments current while client payments work through approval.
Approval in as little as 24 hours after you apply, with funds sent as soon as the next business day, so translation & interpreting services never wait on a bank.
Fixed daily or weekly payments sized to your sales, not a balloon due date. Corporate and agency clients frequently negotiate net-30 or net-60 payment terms that outlast the turnaround time of the actual translation work.
Funding is a purchase of your future receivables, so you are not pledging equipment, property or personal assets. Freelance linguists and interpreters are typically paid per word or per hour shortly after delivering their work, well before the client invoice is paid.
One approval, draw what you need, and return for additional funding as your translation & interpreting services business performs. Rush projects require pulling in additional linguists on short notice, adding cost before that rush fee is ever collected from the client.
Keep freelance translators and interpreters paid promptly while client invoices work through net terms.
Pull in additional linguists for rush turnarounds before the rush fee is collected from the client.
Fund translation management software and tools that improve turnaround and quality.
Yes, qualification is based on the agency's own monthly revenue and time in business, not on how the linguist network is structured.
Yes, funding can be used for any legitimate business purpose, including bringing on additional linguists for a rush turnaround.
Yes, Paz funds US businesses that have operated for at least six months with $10,000 or more in monthly revenue.
Paz funds translation & interpreting services from $2,500 to $5,000,000. Most translation & interpreting services qualify for $15,000 - $125,000, 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.
Translation & Interpreting Services funding, approved in as little as 24 hours