Financing through Factoring For Staffing Agencies
- Payroll Financing Solutions
- Get Working Capital FAST
- Staffing Firms Advanced up to 95%
- Cash Flow Programs
- Client Credit Services
- Accounts Receivable Management
Whether you do IT staffing, security guard, labor, temp, nurse, health care or any other staffing company, Paragon Financial Group can help you with your payroll financing and other crucial working capital needs. At Paragon we offer some of the best rates and financing solutions available to staffing agencies through invoice factoring and accounts receivable financing.
Staffing is one of the bright spots in the US economy. We have been factoring and financing staffing related companies since 1994 and understand your industries issues like workers comp, concentration issues and payroll funding. It’s hard to get good people and you better pay them ontime even though it can take 30-60 days for clients to pay you. Concentration issues can be difficult when you have one major client or two or three. Under these circumstances a traditional bank can’t help but Paragon can.
Staffing firms can get up to 90% of their invoices advanced at Paragon through invoice factoring and accounts receivable financing. We also provide a gentle touch to your client. We undersand you have worked hard to built your relationships. It’s not easy to sell and pick up clients. At Paragon we are the same way. We become a trusted partner between you, your client and debtor treating them just like you would handle them personally.
It’s simple as that! Get started immediately by filling out the simple and quick online application on the right-hand side of this webpage.
Let Paragon Improve Your Cash Flow
Keep Capital Flowing Without Increasing Your Debt
This is not a loan. Paragon gets you money for your completed work, now. We don’t ask for equity in your business; you retain full control.
Client Credit Services
Paragon can act as your in-house credit department at no cost to you. Before doing business with a new customer, let Paragon give you a comprehensive payment and credit history so you can avoid problem clients.
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.
Paragon 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.
Available Cash Lets You Win More Business And Get Discounts From Suppliers
Big companies can take longer to pay you. This can restrict your available cash and make it difficult to complete orders or perform larger jobs. Invoice factoring can give you the available cash to pay your suppliers quickly. As little as a 2% quick pay discount can cover the greater part of your factoring cost.