Your #1 California Provider of Accounts Receivable Financing and Invoice Factoring.
Improve Available Funds Without Incurring Additional Debt by Factoring Receivables
Money Fuels Your California Business
Are there times when outstanding receivables are compromising your ability to run your California business? How many times have delays in cash flow kept you from paying your suppliers or lose sleep over payroll? Have you wondered if your growing business would take off if you could only get your receivables right away? You can get immediate cash for your business with the Paragon Factor.
Let Paragon Serve As Your Cash Flow Machine
The process is called factoring, and in the simplest terms, it means Paragon advances you up to 90% of the invoice amount immediately, and gives the remaining balance when your clients settle in full. Invoices can be submitted for factoring directly upon completion of work or product delivery. Revenue flows directly and instantly to you. No delays. No collection hassles. We can often assume all credit risk and responsibility for client payment. In return, Paragon receives a small fee at the end of the process. Set-up time can be as little as 2 or 3 business days and you're not locked into a long-term contract. Paragon allows you the flexibility to factor only when you need it, and as often as you like. We base our approval decisions on your customers ability to pay, and not the credit of your young, growing California business.
The Paragon Factor Gives You The Power To Make Things Happen Now
Increase Cash Flow
Get money as soon as you finish the work. Paragon does not ask for equity in your company, nor are you taking on additional debt. We provide the capital you need and to keep your business growing.
Customer Credit Services
At no extra cost, Paragon now acts as your in-house credit department. If you're thinking about doing business with a new client, give Paragon a call. We can give you detailed information on their credit and payment history. Paragon can help you stay clear of doing business with bad companies.
Accounts Receivable Management
Paragon provides on-line, real time reporting. You can log on anytime and see updated aging reports, collection reports, and more. Back date certain reports and print them out directly for internal use or accounting purposes. ??Paragon is not a collection agency, but we do have a team of callers that put in friendly reminders to accounts when they get past due. We make sure to handle all calls in a professional manner. If we discuss it with you first, Paragon is fully capable of applying the appropriate pressure when needed.
Extensive Coverage
Wherever in California your business is located, Los Angeles to San Diego, San Jose to San Francisco, Paragon is available to service all your invoice factoring needs.
Flexibility
Here at Paragon, we allow you to use factoring when and if it is beneficial for you and your company. We do not ask you to sign on to any long-term contracts. With Paragon, you choose the accounts that you want to factor and, unlike other companies, we do not require you factor the entire account. You get the flexibility to factor what you want, when you want, if and when it's beneficial for you.
Available Cash Lets You Win More Business And Get Discounts From Suppliers
Big companies can take longer to pay you. This can restrict your available cash and make it difficult to complete orders or perform larger jobs. Invoice factoring can give you the available cash to quick pay your suppliers. As little as a 2% quick pay discount can cover the greater part of your factoring cost.
Paragon serves all areas of California, including Fresno, Long Beach, Sacramento, Oakland, Santa Ana, Anaheim and Bakersfield.
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Turn Your Invoices To Cash. Call 1.800.897.5431 Today or Apply Online