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Top 10 Benefits of Disaster Recovery Invoice Factoring Benefits of Invoice Factoring for Disaster Recovery

Natural disasters are simply a part of life. Fires, hurricanes, winter storms, tornadoes, tsunami, and earthquakes can reach havoc on local economies. As a business, it’s imperative to keep ahead of the risk and be well prepared when the worst does come. Paragon’s special disaster assistance program provides emergency non-recourse invoice factoring, credit protected

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How to Win (& Finance) Government Contracts

No one can invest in your small business like Uncle Sam. The U.S. government pumps more than $1 trillion each year into both small and large businesses in the form of government contracts. Nearly $440 billion of that goes to small businesses according to Business News Daily.

Many of these contracts are specifically available to Small Disadvantaged Businesses (SDB) or to enterprises that are veteran-owned or minority-owned. The government sets formal goals for the kinds of businesses in which

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Dig a Well Before You Need One – Starting a Commercial Financing Relationship Commercial Financing Relationships

The best time to dig a well is when you don’t need one. The result is also right: don’t wait until you need one to get one. The same is valid for establishing a relationship with a commercial finance company. The best time to begin a financing relationship is before you’re in dire need of one. Don’t wait until it’s too late for someone to get to know you and your business.
Bene

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How to Become a Factoring Broker

There’s little substitute for earning extra cash operating a home-based enterprise with completely flexible hours, even on a part-time basis. Being your boss and having the freedom to work when you want is possible. That is exactly how being a “Factoring Broker” works.

You can make money right from your home (or office for that matter), by merely referring qualified businesses that need extra short-term funding.  Moreover, what companies do not need more funding?

You do not even hav

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Bad Credit Asset-Based Lending (ABL)

Getting a small business loan is a real challenge no matter what kind of credit you have. It gets gruesome for companies with a bad credit score. Or perhaps you are a start-up or newer business looking for business financing.

Many small businesses with these challenges are looking into different types of asset-based loans (ABL) when bad credit or being non-bankable is an issue.

We are here to help you navigate through the process of landing fast, affordable funding for your non-bankabl

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A Guide to Starting a US Import Trade Business with Financing Options Financing a US Based Import Company

Starting and Financing a US Import Trade Business is not an easy task. Here is a guide to get started and to have financing in place from Paragon Financial, a 25-year old non-recourse factoring and import trade financing company.

Export and Import are not new terms. The business of trading (importing and exporting) has been going on for 10,000+ years. Trade had made it possible for th

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We all know that the banks do not provide a friendly credit environment to the commercial cleaning industry. If they offer any money, it usually isn’t enough. This often leads to an inability to grow your company due to a lack of funds. Well, there’s a type of financing out there that is greatly increasing in popularity in the janitorial industry. We call this Factoring. This type of financing concentrates on your customer’s ability to pay, not yours.
How to Get Working Capital using Your

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Agricultural Supply Chain Funding with PACA Fast Funding for Your Agricultural Company

As a part of being in the agriculture industry, you have worked hard to create, import, or distribute the perishable fruits and vegetables that keep American families healthy. As a backbone of American society, you deserve to have the confidence and comfort of being able to grow your business and take care of your family with consistently available cash in the bank.

At Paragon,

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What is Invoice Factoring without Recourse?

What Is a Non-Recourse Factoring Agreement?
Thinking about invoice factoring without recourse for urgent cash flow or for working capital to grow your small business? Well, it may seem like there are a lot of factoring options out there for small business. All accounts receivable factoring options are not equal. Likewise, factoring companies (also known as, “factors”) are not all the same. Many factoring companies only offer to factor “with recourse.” More experienced and long-standing fact

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Are Factoring Fees Tax Deductible?

To file for tax deductions available from your factoring arrangement, be sure to turn to a reputable and experienced tax preparer. To better understand your factoring agreement, talk with your factoring company professional representative who knows their stuff. Your tax preparer will need to address a few questions and sort out reporting requirements for you.

Are Your Factoring Fees Tax Deductible
Here are a Few Key Que

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