- Louisiana FAST Cash For Businesses
- Up to 90% of your invoice advanced
- Payroll financing
- Purchase Order Financing
- Customer Credit Services
- Funding since 1994
Louisiana Businesses #1 Source for Accounts Receivable Financing and Invoice Factoring
We can meet the funding needs of a full range of industries in Louisiana including working with companies in the tourism industry, import/export, film, oil and gas suppliers, government contractors, IT temp staffing agencies, beer, wine & spirit vendors, cable installers and many others.
We have worked with several companies in “The Pelican State” helping them with cash flow and factoring needs, for example:
A business woman had been successfully operating a beauty accessories importing business for over 30 years. She imports accessories including children’s hair clips, costume jewelry, rings and other similar products. She in turn sells these products to many large companies such as Wal-Mart, Dollar Tree, and others. She ran into an issue when the FDIC unexpectedly closed down the bank she had been using since she started her business. She suddenly found herself without financing and needed a solid solution, and fast.
That is when a broker introduced her to Paragon. She immediately felt a sense of trust with Paragon and began a long-lasting relationship. She has been now working with Paragon for over 23 years, and has a $3 million factoring line of credit that helps her pay her suppliers while she waits for her accounts receivables to come in, which can sometimes run 60-90 days. She plans to continue the working relationship with Paragon for years to come.