- Kentucky Businesses FAST Cash
- Up to 90% of your invoice advanced
- Payroll financing
- Purchase Order Financing
- Customer Credit Services
- Funding since 1994
Invoice Factoring and Accounts Receivable Financing for Kentucky Businesses
We can meet the financing needs of a full range of industries in Kentucky including working with companies in the farming industry, auto manufacturing, oil and gas suppliers, government contractors, IT temp staffing agencies, beer, wine & spirit vendors and cable installers, medical and many others.
We have worked with several companies in “The Sawgrass State” helping them with cash flow and factoring needs, for example:
A business person who had many years of experience in the metal supply distribution industry recognized a void in the market, and in 2012 decided to start his own distribution company. The company was poised for success, but the one issue was the lack of sufficient working capital to build the business. Being a startup company with few assets, traditional bank funding was now available. For that reason they choose to seek invoice factoring. After researching their options, the company choose to approach Paragon because of their reputation for working well small startup businesses.
Paragon analyzed the company and then offered them a $600,000 factoring line of credit. This gave the company the ability to build their business the way they needed to. They are now expanding, adding new customers and continue to work towards their long term business goals.