Louisiana Businesses #1 Source for Accounts Receivable Financing and Invoice Factoring
Factoring Makes Your Money Available Now
Money Is The Driving Force Of Louisiana Business
Has lack of available cash caused delays in paying your vendors or covering payroll? If you could get paid for your outstanding invoices immediately, could you concentrate on expanding your Louisiana business? Paragon can get you that money right now.
Paragon Provides The Capital You Need
In the simplest terms, factoring means Paragon advances you up to 90% of the invoice amount immediately, and provides the remaining balance when your clients settle in full. Your receivables can be submitted for factoring directly upon completion of work or product delivery. Cash flows directly and instantly to you. No dealing with delays or collection issues. We can often assume all credit risk and responsibility for client payment. At the end of the process Paragon will receive a small fee. Set-up time for our service can be as little as two to three business days and we do not lock you into a long-term contract. Paragon allows you the freedom to factor only when you need it, and as often as you like. Our approval decision is based on your customer's ability to pay, not on the credit of your Louisiana business.
Get The Capability To Make Things Happen Immediately
Improve Cash Flow Without Additional Debt? Invoice factoring is not a loan, so you're not incurring any debt. Paragon asks for no equity stake in your company. You get money immediately upon completion of work, while maintaining full command of your company.
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
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. When discussed with you first, Paragon is fully capable of applying the heat when needed.
Extensive Coverage
Wherever in Louisiana your business is located, New Orleans to Baton Rouge, Shreveport to Lafayette, Paragon is available to service all your invoice factoring needs.
Flexibility
Paragon's agreements give you the flexibility to factor what you want, when you want, without requiring long term contracts. You choose which accounts that you wish to factor. Unlike some other companies, Paragon does not require you to factor everything. We only want you to use factoring 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. 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.
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Turn Your Invoices To Cash. Call 1.800.897.5431 Today or Apply Online