Indiana's #1 Company for Accounts Receivable Financing and Invoice Factoring.
Factoring Receivables Increases Your Cash Flow
Money Fuels your Indiana Business
When cash flow stalls, it compromises your ability to run your company. How many times have you put aside bills, lost sleep over payroll, or couldn't pay suppliers when they asked for payment? There is a time during each month, for all growing Indiana businesses, when outstanding receivables are keeping you grounded. If only you could get paid today on work you completed, your business would take off. You can get immediate cash for your Indiana business with the Paragon Factor.
Paragon Powers Your Company
Simply put, factoring means that Paragon advances you up to 90% of the invoice amount immediately, and gives the remaining balance when your clients make full payment. As soon as you complete the work or deliver your product, you can submit your invoice to Paragon for factoring. 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 business.
The Paragon Factor Lets You Concentrate On Growing Your Business
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 Indiana business growing.
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
Log onto Paragon's real time reports system. Check collections, print out account reports and more.
If you have clients that need friendly reminders, let our experienced call personnel contact your past due accounts. At your request, our professional team can even apply appropriate pressure to remind clients of their obligations.
Extensive Coverage
Wherever in Indiana your business is located, Indianapolis to Fort Wayne, Evansville to Gary, 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 favorable 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 advantageous for you.
Let Us Help Your Business Grow And Prosper
Cash flow enables you to go after bigger clients and contracts. Because larger companies can take longer to pay, you may find it difficult to accomplish large jobs or to fill big orders. Giving you the capability to grow your business is The Paragon Factor.
Increased cash flow can enable you to quick pay your suppliers. This can allow you ask for trade discounts from suppliers. Often, as little as a 2% quick pay discount can cover some, if not all, of your factoring costs.
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Turn Your Invoices To Cash. Call 1.800.897.5431 Today or Apply Online