Virginia’s Top Accounts Receivable Financing and Invoice Factoring Firm.
Powered Your Virginia Business Since 1994
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 business is hindered because of outstanding receivables? Wouldn’t it help your Virginia business if you could get paid as soon as you finished your work? The Paragon Factor can get you the 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 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.
Get The Capability To Make Things Happen Immediately
Improve Cash Flow Without Additional Debt
Factoring is not a loan, so you’re not incurring any debt. We ask for no equity stake in your company. Money immediately upon completion of work. You maintain full command of your 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.
We Can Help You With Your Accounts Receivable
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.
Wherever in Virginia your business is located, Virginia Beach to Norfolk, Chesapeake to Richmond, Paragon is available to service all your invoice factoring needs.
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.
Let Us Help Your Virginia Business Grow And Prosper
Cash flow enables you to go after bigger clients and contracts. Because larger companies can take longer to pay, you may find it difficult to accomplish large jobs or to fill big orders. Giving you the capability to grow your business is The Paragon Factor.
Increased cash flow can enable you to quick pay your suppliers. This can allow you ask for trade discounts from suppliers. Often, as little as a 2% quick pay discount can cover some, if not all, of your factoring costs.
Paragon serves all areas of Virginia, including Arlington, Newport News, and Portsmouth.