Paragon Financial Group is funding during the COVID-19 crisis.

Accounts Receivable Financing: The “No-Debt Loan”

Accounts Receivable FinancingThere are very few practical ways for businesses to grow without debt. For many years, the topmost recommended method for business expansion is debt. This approach to commercial financing is almost no longer an option for small to medium businesses. With banks holding on to their money tighter than ever, it is becoming nearly impossible for businesses to get the capital they need to grow.   This inability to receive money via bank loans has gone beyond feelings of frustration to ones of desperation. As a result, this forces companies to remain stagnant even in industries with the potential for growth exists because no one will lend them any money. What many of these companies do not know is that there is a way to secure capital that doesn’t require that they use debt or apply for a bank loan. This type of factoring arrangement is called accounts receivable financing.

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