Often times, a company’s financial statements doesn’t represent its true potential or an accurate picture. Growing companies often sustain losses or have temporary setbacks. That’s where Paragon can help. We don’t concentrate on your financials. Our credit decisions are based on your customer’s ability to pay, not yours. We’re able to grow with you. By factoring your accounts receivable invoices, you can receive immediate cash. The revenue flows directly to you without having to wait to be paid. You will increase your cash flow and can meet your working capital needs. Money for growth, payroll, supplier payments, and overhead. Guaranteed cash flow so your business can thrive.
- Companies who may be experiencing operating losses.
- Companies who may have fallen out of covenant with their bank line of credit.
- Companies whose bank won’t increase their credit line.
With Paragon Financial, working with undercapitalized companies is what we do. Either through invoice factoring or purchase order financing programs, we can get undercapitalized companies the funds they need quickly. If you have a young business and you deal with credit worthy customers we can advance you up to 95% on your current outstanding invoices. We will wait the 45-60 days for your customers to pay. No longer will you have to turn down contracts or large orders because you are undercapitalized.