For Factoring Brokers
THE PARAGON “YES” PROGRAM FOR FACTORING BROKERS …
Best Factoring Broker Tips
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OUR PO FINANCING & INVOICE FACTORING BROKERS PROMISE:
Since our start 27 years ago, Paragon has devoted itself to the cultivation, education, and support of our nationwide invoice factoring broker network. Whether you are an intermediary, CPA, attorney, bank loan officer (your bank keeps the depository relationship and you get a healthy loan applicant in the future), insurance agent, ISO, business consultant or an online referral source, Paragon helps you improve the way you do business. Giving you the ability to create passive monthly income.
How to Become a Factoring Broker
Not signed up yet?
Submit the Broker Agreement electronically
We Help You Become a High Paid Broker
Be among the highest paid brokers in the country with Paragon’s cash flow factoring broker program. At up to 15% commission for the life of the account, being a Paragon factoring broker is a lucrative business opportunity. Earn a recurring monthly income and be a valuable resource to your clients, referral sources, and local business community. If you refer a deal to us, we pay commission for the life of the account. All you have to do is give us a name and a number. If we close the deal, you get the commissions. Imagine getting a check in the mail every month for a simple referral!
Why Become a Factoring Broker?
Our Factoring & PO Funding Programs
- Non-Recourse Invoice Factoring & Accounts Receivables Financing
- Purchase Order Financing & Vendor Guarantee Programs
- Credit Protection & A/R Management
- Up to 90% Advance Rates with Online Submission, Reporting & Credit Reports
- The Famous Paragon “Soft Touch” with Factoring Clients & their Customers
- Government Contractor Financing Expertise
- Quick Approval on New or High Growth Client vs slow Bank Underwriting
Target Factoring Clients
- Startups, Turnarounds, Bank Loan Turn-Downs, Exiting & Under-Bankable Relationships
- Prospect’s Credit is not an issue. Based on Prospect’s Customer’s Credit
- High or 100% Customer Concentration
- Prospects with Tax Issues
- Fast Growing Companies with $30,000-$10,000,000 sales/month
Target Industries for Factoring
- Oil and Gas
- Staffing Agencies
- Cable Sales and Installation
- Wine and Spirits
- Wholesalers and Importers
- Government Contractors
- Manufacturing
For over 27 years, Paragon Financial Group has provided working capital solutions for growing and non or under-bankable companies throughout the United States.
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Cash you need
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- Rates as low as 1%
- 888-400-5931