MyPace Capital
MyPace Capital is designed to be flexible as you navigate the ups and downs of running a business.
MyPace Capital loans range from $100,500 to $500,000 for Working Capital and include principal paydowns based on monthly revenue to align with your unique cash flow situation.
Benefits of MyPace Capital Loans:
Tailored to fit your situation
Flexible repayment
No equity dilution
Full loan disbursement at closing
Support, tools and systems to help manage cash flow
MyPace Capital Features
Loans for Working Capital from $100,500 to $500,000 fully disbursed at closing
Fixed interest rate throughout the 5 year term
Principal paydowns based on monthly revenue to align better with business cash flow
Business Advisory Services provided free of charge on a monthly basis to determine if there is a principal payment due
Resources and Support Included
MyPace Capital participants will be paired with a financial business advisor. Participants will spend approximately 2 hours with a technical assistance advisor to review:
Monthly performance review
Bank and revenue reconciliation to calculate monthly principal payment if any
Cash flow analysis and review
Financial projections and forecasting
MyPace Capital is available in these states:
Arizona
California
Florida
Michigan
Minnesota
Nevada
New York
Texas
Pre-apply by providing:
2 years of business and personal tax returns
Current Year to date financial statements
1 year of income statement projections with assumptions