Connecticut’s Top Accounts Receivable Financing and Invoice Factoring Company
Factoring Receivables Increases Your Cash Flow
Lack of available cash can compromise your ability to pay vendors and cover payroll. If you could get paid for your outstanding receivables right now, could your Connecticut business truly soar? Paragon Factor can get you that cash now.
Paragon Powers Your Company
Paragon provides you with up to 92% of your outstanding receivables right now, and the balance when your clients complete payment. In as little as two to three days, you can establish an account with Paragon with no long term contracts required. You then have the freedom to factor as often as needed. For just a small fee, Paragon provides you with cash now. Approval is based on your customer’s ability to pay, not your businesses credit.
The Paragon Factor Lets You Concentrate On Growing Your Connecticut Business
Increased Capital Without Increased Debt? Invoice factoring brings you the money that is due to you without incurring increased debt. Paragon asks for no equity in your firm and you maintain full control of your Connecticut business.
Customer Credit Services
At no extra cost, Paragon now acts as your in-house credit department. If you’re thinking about doing business with a new client, give Paragon a call. We can give you detailed information on their credit and payment history. Paragon can help you stay clear of doing business with risky companies.
Control Your Accounts Receivable
Log on to our account manager to check your reports in real time. Print out your account data as you need it.
Paragon is not a collection agency, but we do have a team of callers that put in friendly reminders to clients with past due accounts. We make sure to handle all calls in a professional manner. After consulting with you first, Paragon is fully capable of applying pressure when needed.
Wherever in Connecticut your business is located, Bridgeport to New Haven, Hartford to Stamford, Paragon is available to service all your invoice factoring needs.
Here at Paragon, we allow you to use factoring when and if it is favorable for you and your company. We do not ask you to sign on to any long-term contracts. With Paragon, you choose the accounts that you want to factor and, unlike other companies, we do not require you factor the entire account. You get the flexibility to factor what you want, when you want, if and when it’s advantageous for you.
Get Supplier Discounts – Win More Business
The ultimate goal of factoring is to increase your available funds. This will enable you to go after bigger clients and larger contracts. Often, you will find that it takes the big guys longer to pay. This can lead to difficulties in filling larger orders and performing larger jobs. Helping you to grow your Connecticut business is the purpose of The Paragon Factor.
Increased cash flow can enable you to quick pay your suppliers. This can allow you ask for trade discounts. Often, as little as a 2% quick pay discount can cover some, if not all, of your factoring costs.
Paragon serves all areas of Connecticut, including Norwalk, Danbury, and Greenwich.