Accounts Receivable Financing and Invoice Factoring for Illinois Businesses
Factoring Keeps Cash Flowing Without Incurring Increased Debt Load
Money Fuels Your Illinois Business
Are there times when outstanding receivables are compromising your ability to run your Illinois 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.
Paragon Serves As Your Cash Flow Engine
Paragon provides you with up to 90% of your outstanding receivables right now, and the balance when your clients complete payment. In as little as two to three days, you can establish an account with Paragon with no long term contracts required. You then have the freedom to factor as often as needed. For just a small fee, Paragon provides you with cash now. Approval is based on your customer's ability to pay, not your businesses credit.
Paragon Gives You The Capability To Make Things Happen Now
Keep Capital Flowing Without Increasing Your Debt
This is not a loan. Paragon gets you money for your completed work, now. We don't ask for equity in your Illinois business, you retain full control.
Client Credit Services
Paragon can act as your in-house credit department at no cost to you. Before doing business with a new customer, let Paragon give you a comprehensive payment and credit history so you can avoid problem clients.
Accounts Receivable Management
Our online reports provide you with up to the minute reports on your account. Printing out reports for your accounts is a mouse click away.??Paragon is not a collection agency, but we do have an experienced team of callers that can put in friendly reminders to past due accounts. After consultation with you, Paragon can remind clients of their obligations.
Extensive Coverage
Wherever in Illinois your business is located, Chicago to Rockford, Aurora to Naperville, Paragon is available to service all your invoice factoring needs.
Flexibility
Paragon allows 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. Paragon allows you to 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.
Win More Business - Get Supplier Discounts
Ultimately, this is the goal of factoring. With your new-found cash flow you can now go after larger contracts and bigger clients. The big guys often take longer to pay and it's difficult to perform big jobs or fill larger orders when you don't have the cash flow to sustain it. The ability to grow your business is The Paragon Factor. In addition, you can now ask for trade discounts from your suppliers. Often times getting a 2% discount for quick pay to your suppliers can help absorb some, if not all, of your factoring cost.
Paragon serves all areas of Illinois, including Joliet, Springfield, and Peoria.
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Turn Your Invoices To Cash. Call 1.800.897.5431 Today or Apply Online