Category: Government Contract

Pumping nearly $1 trillion each year into businesses across the country, the U.S. government continues to be the largest single purchaser of goods and services to both large and small enterprises with their letting of contracts and Request For Proposals (RFP). The federal government has lots of money to spend and is the single investor who is printing more of the stuff. Businesses of all sizes and those in nearly any industry can win high-value contracts with the federal government.

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At Paragon Financial, we have been funding government contractors for over 26 years. We are one of the several factoring companies that will work with the government, and we do it on the federal, state and local levels. Other factoring and finance companies simply don’t have the supplies and knowledge to successfully operate through the government red tape. We understand the difficulty of FAR and leverage the Department of Defense’s iRapt.

Federal, state and local governments pr

Invoice factoring and PO funding for Washington DC government contractors are available today. Typically the factoring of government receivables is not available by banks and factoring companies.

With 26 years of experience, Paragon Financial understands how to work through the government bureaucracy of local, state, and federal agencies. We possess in-depth knowledge of the Fede

Government contract financing is essential for you to maintain the proper level of working capital. Here are several reasons you want to use Invoice Factoring, Purchase Order Financing, and Credit Protection for your company and Government Contracts:

Paragon Financial understands the FAR – The FAR System governs the process by which the government purchases goods and servic

A great way to grow your business is selling to the government. 99% of federal, state and city government entities are creditworthy and they buy every product and service that is manufactured or delivered in the US.
Here are a few tips when contracting with the government:

Make sure you have enough margin. Many times people will low bid and only have 5-7% gross margin and think they have a foot in the door. On the next round of bidding when they raise it to 20-30-40% gross margin they need

Paragon Financial has been seeing the Federal Government sequester having a direct impact on their clients and prospects increasing the need for receivable factoring and purchase order factoring programs.

These delays have had a direct impact on Paragon Financial’s small business contractors.  Paragon Financial has been able to help navigate their clients through the cash flow problems through factoring accounts receivable. “Our clients in the government contractor segment are being sque