Invoice Factoring and Accounts Receivable Financing For Your Colorado Company

Factoring Keeps Cash Flowing Without Incurring Increased Debt Load

Business Is Powered By Cash Flow

How many times have you lost sleep over payroll? Have you ever had to delay in paying suppliers or had to put aside bills when asked for payment? Are there times during each month when your Colorado business is hindered because of outstanding receivables? Wouldn’t it help your business if you could get paid as soon as you finished your work? The Paragon Factor can get you the cash right now.

Paragon Serves As Your Cash Flow Engine

Fundamentally, factoring provides you with up to 90% of the outstanding invoice now. You get the remaining balance when your client settles in full. Once work has been completed, or delivery has been made, you can submit your invoice for factoring. 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 Colorado business.

Paragon Gives You The Capability 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 Colorado 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’ll give you detailed information on their payment and credit history. Paragon can help you stay clear of doing business with bad companies.

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 Colorado your business is located, Denver to Colorado Springs, Aurora to Lakewood, 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.

Get Supplier Discounts – Win More Business

Improving cash flow for your company is the ultimate goal of factoring. Often, the big guys take longer to pay you, this can make it difficult to fill larger orders or perform big jobs. Prompt payment to suppliers can allow you to ask for trade discounts.

Getting as little as a 2% discount for quick pay to your suppliers can cover some, if not all, of your factoring cost.

Paragon serves all areas of Colorado, including Fort Collins, Thornton, and Pueblo.