How Payroll Financing Works for Commercial Cleaners

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. It’s called factoring. This type of financing concentrates on your customer’s ability to pay, not yours. Factoring is the sale of your accounts receivable (invoices) to a funding source at a discount off the face value in return for […]

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High-end Wine Distributor, San Jose, CA, PO Funding & Non-Recourse Accounts Receivable Financing

Paragon Financial has provided a $600,000 PO Funding & Non-Recourse Accounts Receivable Financing line of credit to a high-end wine distributor in San Jose, CA.

 

 

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High-end Wine Distributor, San Jose, CA, PO Funding & Non-Recourse Accounts Receivable Financing

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Security Staffing, Miami FL, Invoice Factoring

Paragon Financial has provided a $750,000 Invoice Factoring line of credit to a security staffing agency in Miami, FL.



IT Staffing, San Rafael, CA, AR Financing

Paragon Financial has provided a $1,000,000 accounts receivable financing line of credit to an IT staffing company in San Rafael, CA.



Government Supplier, Sacramento, CA, Receivable Financing

Paragon Financial has provided a $1,000,000 receivable financing line of credit to a government supplier in Sacramento, CA.



Cable Sales, Boston, MA, Receivable Financing

Paragon Financial has provided a $700,000 receivable financing line of credit to a Telecom Sales company in Boston, MA.



IT Staffing, Pittsburgh, PA, AR Financing

Paragon Financial has provided a $600,000 AR financing line of credit to an IT staffing agency in Pittsburg, PA.



Promotional Design Company, San Diego, CA AR Financing

Paragon Financial has provided a $300,000 AR financing line of credit to a promotional design company in San Diego, CA.



Cell Tower Construction, Memphis Tennessee, AR Financing

Paragon Financial has provided a $450,000 AR financing line of credit to a cell phone tower construction company in Memphis Tennessee.



Towel Wholesaler, Miami Florida, PO Financing Facility

Paragon Financial has provided a $500,000 PO financing facility to a towel wholesaler in Miami, Florida.



Security Guard Staffing, Naples Florida – Invoice Factoring

Paragon Financial has provided a $800,000 invoice factoring line of credit to a security guard staffing company in Naples, Florida.

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