Idaho’s Top Company for Account Receivable Factoring and Factoring Invoices.
Factor Your Receivables And Improve Cash Flow Without Additional Debt
Money Fuels Your Business
Are there times when outstanding receivables are compromising your ability to run your 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
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 business.
The Paragon Factor Gives You The Power To Make Things Happen Now
Improve Your Idaho 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 Idaho 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 can give you detailed information on their credit and payment history. Paragon can help you stay clear of doing business with bad companies.
Accounts Receivable ManagementLog 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 Idaho your business is located, Boise to Caldwell, Coeur d’Alene to Idaho Falls, Paragon is available to service all your invoice factoring needs.
Flexibility
Paragon does not sign you on to any long-term contracts. Our agreements allow you the flexibility to factor what you want, when you want. You can pick and choose the accounts that you want to factor. Some companies will require you to factor everything. Not here at Paragon. We only want you to use factoring if and when it’s beneficial for you.
Get Supplier Discounts – Win More Business
The ultimate goal of factoring is to increase your available funds. This will enable you to go after bigger clients and larger contracts. Often, you will find that it takes the big guys longer to pay. This can lead to difficulties in filling larger orders and performing larger jobs. Helping you to grow your business is the purpose of The Paragon Factor.
Increased cash flow can enable you to quick pay your suppliers. This can allow you ask for trade discounts. Often, as little as a 2% quick pay discount can cover some, if not all, of your factoring costs.
Paragon serves all areas of Idaho, including Pocatello, Twin Falls, and Blackfoot.