Nebraska’s #1 Provider of Accounts Receivable Financing, PO Financing and Invoice Factoring.
How do Nebraska Businesses get FAST CASH at great rates?
How many times have you lost sleep over payroll? Have you ever had to delay in paying suppliers or had to put aside bills when asked for payment? Are there times during each month when your Nebraska business is hindered because of outstanding receivables? Would it help your business if you could get paid as soon as you finished your work? The Paragon Factor can get you the cash right now.
How does a Factoring Company Help your Business?
Simply put, receivables financing means your business is advanced you up to 92% of the invoice amount immediately, and gives the remaining balance when your clients make full payment. As soon as you complete the work or deliver your product, you can submit your invoice to our factoring company. No delays. No collection hassles. We can often assume all credit risk and responsibility for client payment. Working with our factoring company allows for the flexibility to factor only when you need it, and as often as you like at competitive rates. Funding approval is based on your customers ability to pay, and not the credit of your Nebraska business.
Are Your Factoring Rates Competitive?
You get the benefit of a factoring company that has been in business for over 2 decades. This means we have the leverage offering lower rates than many other factoring companies. You get discounted rates, deep industry knowledge and the credit protection ofnon-recourse factoring all increasing your companies chances of financial success.
What are Customer Credit Services?
At no extra cost, Paragon acts as your in-house credit department. If you’re thinking about closing on a deal with a new client, give us a call. We can give you detailed information on their credit and payment history steering clear of doing business with bad companies.
What is Accounts Receivable Management
You receive on-line, real time reporting. You can log on anytime and see updated aging reports, collection reports, and more. Back date certain reports and print them out directly for internal use or accounting purposes. We are not a collection agency, but we do have a team of callers that put in friendly reminders to accounts when they get past due. We make sure to handle all calls in a professional manner. If we discuss it with you first, Paragon is fully capable of applying the appropriate pressure when needed.
What areas of Nebraska do We Fund?
Wherever your business is located, Omaha to Lincoln, Bellevue to Grand Island Paragon is available to service all your invoice financing needs.
Does Factoring Help with Trade Discounts?
Helping you to grow your business is the purpose of factoring companies. Increased cash flow can also enable you to quickly pay your suppliers. Allowing you ask for trade discounts. As little as a 2% quick pay discount can cover some, if not all, of your factoring costs.