Paragon Financial has provided a $1,000,000 receivable financing line of credit to a government supplier in Sacramento, CA.
Paragon Financial has provided a $400,000 invoice factoring line of credit to a government contractor doing office machine repair in Indianapolis, Indiana.
Paragon Financial Group (“Paragon”) today announced that it has provided a $500,000 accounts receivable financing facility to a Florida construction company working with county and city government contracts. The facility will provide ongoing working capital enabling the company take on additional contracts and continue to grow.
Paragon Financial Group, Inc. is delighted to announce a recent success story of a new PO financing and accounts receivable factoring facility for a Florida Department of Health supplier. Funds will be used to fulfill purchase orders for child car seats shipped to various children’s hospitals mandated by the State.