Asset-Based Lending

A Timely Call-to-action for Lenders Now, more than ever, lenders want to be able to say, “Yes,” even when a bank customer cannot qualify for a business loan with the lending institution. Asset-based loan lenders, banks, and credit unions can refer loan turndown customers with confidence citing Paragon Financial Group’s 26-years of experience, risk-minimized and debt-free accounts receivable funding solutions, and credibility backed by a loss history of less than 1/2 of 1%. Particularly as businesses and the economy are impacted by the novel Coronavirus (COVID-19) outbreak the success and wellbeing of our colleagues and clients is everyones highest priority.

Getting a small business loan is a real hurdle, 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 obstacles are looking into different varieties of asset-based loans (ABL) when bad credit or being non-bankable is an issue. Factors are here to help you navigate through the process of landing fast, affordable funding for your non-bankable small business. First, let’s look at the variables involved in your unique situation with a checklist: Start-up Business