Success Stories
International Bath Textiles
Ft. Lauderdale, FL — $1,000,000
Double decker deal. P.O. Financing and Factoring Line Client: An international bath textiles company with U.S. headquarters in Fort Lauderdale. Industry: Textiles Situation: The Company supplies fine linens (towels, sheets, etc.) manufactured in Pakistan to businesses all over the world. After years of success overseas from their Switzerland base, the Company wanted to expand domestically [read more »]
Cable Contractor
Philadelphia, PA — $500,000
Paragon Financial Group (“Paragon”) today announced that is has provided a $500,000 accounts receivable financing facility to a Philadelphia, Pennsylvania area cable contractor. The additional working capital will be used to bring on additional employees and grow the company, creating valuable jobs in a tough economy. Read More
Service Provider
Cleveland, OH — $250,000
Paragon Financial Group (“Paragon”) today announced that it has provided a $250,000 accounts receivable financing facility to a Company that repairs and maintains industrial machinery. The working capital will be used to hire new employees to service larger clients and grow the Company. Read More
Telecommunications
Dallas, TX — $500,000
Paragon Financial Group (“Paragon”) today announced that it has provided a $500,000 accounts receivable financing line to a telecommunications company. The facility will provide ongoing working capital to grow the Company. Read More
Medical Staffing
Boca Raton, FL — $800,000
Paragon Financial Group (“Paragon”) today announced that it has provided an $800,000 factoring line of credit to a medical employment and executive search company. The factoring line of credit will provide ongoing working capital to fund payroll and related expenses. Read more
Government Contracts
Ft. Lauderdale, FL — $500,000
Paragon Financial Group (“Paragon”) today announced that it has provided a $500,000 accounts receivable financing facility to a construction company working with county and city government contracts. The facility will provide ongoing working capital enabling the company take on additional contracts and continue to grow. Read More
Security Guard Staffing
Raleigh, NC — $600,000
Financing Growth Through Factoring Client: A Raleigh, NC area veteran-owned staffing agency providing unarmed security personnel. Industry: Security Guard Staffing Situation: The Company had won a $2 million one year self-renewing contract from the U.S. government to provide security personnel for the Mine Health and Safety Academy. These personnel would require high end security clearance, [read more »]
Fashion Accessories Wholesale Distribution Company
Marina Del Ray, CA — $500,000
Paragon Financial Group, Inc. is pleased to announce it has provided an invoice factoring line of credit to a fashion accessories wholesaler. The company operates its business out of Marina Del Ray, California. The funds will be used to stimulate growth. Read the Full Story
Staffing Company
Carmel, Indiana — $500,000
Paragon Financial Group has closed a staffing deal with a company headquartered in Carmel, Indiana. Credit terms have been extended for an invoice factoring line that will help the company meet payroll and continue to grow in the their staffing business.