Invoice Factoring and Purchase Order Financing for your Georgia Company
Factoring Makes Your Money Available Now
Money Drives Your Georgia Business
When outstanding receivables are preventing your Georgia business from covering payroll and paying your suppliers, your business suffers. If your invoices were paid right away, could your business soar Paragon Factor gets you cash right now.
Paragon Provides The Capital You Need
For a small charge, Paragon can advance you up to 95% of your invoices right now. You get the balance when your clients complete payment. You can establish an account with Paragon in as little as two to three days. Approval for invoice factoring is based on your client’s ability to pay, not on your credit. From that point on, as soon as you make delivery or complete a project, you can submit your invoices to Paragon for factoring. Paragon assumes responsibility and credit risk without locking you into any long-term contracts.
Get The Capability To Make Things Happen Immediately
Improve Your Company’s Cash Flow Without Additional Debt
This is not a loan, so you incurring no additional debt. Paragon doesn’t ask for equity stake in your company. We get you the money you are due immediately upon completion of work. You will maintain full command of your business.
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
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 discus it with you first, Paragon is fully capable of applying the appropriate pressure when needed.
Extensive Coverage
Wherever in Georgia your business is located, Atlanta to Augusta, Columbus to Savannah, Paragon is available to service all your invoice factoring needs.
Flexibility
You decide which accounts to factor and when to do so. You decide when it is advantageous for you to factor. Paragon does not lock you into long term contracts like some other companies.
Acquire More Business – Get Discounts From Your Suppliers
Factoring gives you the capital to pursue bigger contracts and clients. Paragon gives you the ability to expand your Georgia business. When funds are available, you can pay your suppliers quickly. Sometimes getting as little as a 2% quick pay discount from vendors can absorb most of the cost of factoring.
Paragon Financial has provided working capital solutions for growing companies for over 18 years. Our accounts receivable financing program has the flexibility to advance up to 95% of the invoiced amount. We offer not only invoice factoring programs, but we also provide payroll funding, purchase order financing, government contract financing, letters of credit, and supplier guarantees for small to larger companies across a wide variety of industries throughout the United States. We have a quick and easy approval process that can be set up in as little as 3 business days. In most cases, we provide same day funding once we receive an emailed copy of the invoice.
Paragon serves all areas of Georgia, including Atlanta, Athens, Macon, and Sandy Springs.