Maryland’s #1 Source for Accounts Receivable Financing and Factoring

Factoring Keeps Cash Flowing Without Incurring Increased Debt Load

Money Fuels Your Maryland 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 Maryland 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 business with the Paragon Factor.

Paragon Serves As Your Cash Flow Engine

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 factoring invoices 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.

Paragon Gives You The Capability To Make Things Happen Now

We Improve Your Cash Flow Without Increasing Your Debt? Invoice factoring is not a loan, so you’re not incurring any debt. We don’t ask for any equity stake in your company. You receive your money immediately upon completion of work. You maintain full control of your Maryland business.

Client Credit Services

If you need us, Paragon can act as your in-house credit department at no charge. Check up on new clients before starting business with them. Paragon can give you their complete payment and credit history so you can avoid problems.

Control Your Accounts Receivable

Log on to our account manager to check your reports in real time. Print out your account data as you need it.

Paragon is not a collection agency, but we do have a team of callers that put in friendly reminders to clients with past due accounts. We make sure to handle all calls in a professional manner. After consulting with you first, Paragon is fully capable of applying pressure when needed.

Extensive Coverage

Wherever in Maryland your business is located, Baltimore to Columbia, Silver Springs to Rockville, Paragon is available to service all your invoice factoring needs.

Flexibility

Paragon’s lets you factor the invoices you want, when you want, with no long term contracts. We let you factor as much or as little of an account as you wish. You factor only what is advantageous to 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.