The Floral & Cut Flower Industries Financing Solution: Receivables Financing & Po Funding

The Floral & Cut Flower Industries Financing Solution

Since 1994, Paragon financial has been meeting the needs of floral and cut flower importers and wholesalers through Invoice Factoring and Purchase Order funding. At Paragon, we understand time is not your friend and how to deal with dilution percentages in the floral industry.

Benefits to the Floral, Cut Flower Importer/Wholesaler include:

  • No Credit Risk Credit Protection
  • Ability to take on larger orders
  • Highly Competitive Rates – Contact Us for Details
  • Companies with tax issues can be funded
  • Online Accounts Receivable Management and Invoice Verification
  • Off balance sheet funding
  • Working Capital that flexes up and down with their company’s needs
  • Partner who understand the Floral Industry

The process to fund cut flower importation is fairly simple. You as the cut flower importer make a sale and receive a valid Purchase Order from a creditworthy client (Paragon can offer customer credit protection against bankruptcy/insolvency to cut flower importers). Using a Vendor Guarantee or Cash Against Documents (CAD) supplied by Paragon, your vendor ships goods to the US that meets quality, quantity and timeliness standards. It is critical that the Cut Flower Importer’s customers do not reject goods for any reason. This is the Purchase Order funding part of the transaction.

Once the importer’s client receives the cut flower and verifies with Paragon receipt and satisfaction with the product, Paragon then factors the invoice generated. Factoring proceeds on imported perishable goods are typically in the 80-85% range. The Invoice Factoring proceeds go to the cut flower importer’s vendor (if a Vendor Guarantee was utilized) or to pay back Paragon for the Purchase Order Financing. Subsequently, once the client of the cut flower importer pays Paragon, then the importer receives the balance of the invoice less Paragon’s original advance percentage and accrued factoring fees.

Get fast funding for your floral cut flower company today!

Apply Securely, call 888-400-5931 ext 1 or email us.

Money When Your Business Needs It Most!™

  • Get Cash Today

    Best Factoring CompanyGet the Cash You Need Today

    Just fill out this quick & easy form!

  • This field is for validation purposes and should be left unchanged.
Get Cash Today
  • Quick Contact Form
  • This field is for validation purposes and should be left unchanged.

Back to Top

Best Factoring Company

Get Started Immediately