Companies with cash flow problems can often get behind on their payroll taxes. The IRS is one entity that won’t think twice about slapping a lien on your business. Once that lien is filed, there isn’t a bank in the country that will lend you money. In some instances, a bank will cut off your credit line or drop you as a client if you do have a loan and you get into trouble with the IRS. If things don’t change in a hurry, this can lead to a business closing their doors within months. And with the tax liens filed by the IRS, where can you turn for capital? It can take months to negotiate a subordination of a tax lien.
At Paragon Financial, we have been dealing with the IRS since 1994. We don’t shy away from companies with IRS or Tax issues. We will negotiate the subordination with IRS and get you the funds you need quickly to get the tax lien lifted. If your current finance company has cut you off, we can buy them out.
Paragon Financial has provided working capital solutions for IRS strapped companies for over 17 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.
Give us a call today and we will get you started today.