Accounts Receivable Financing and Invoice Factoring for Your Ohio Business
Driving Your Ohio Business Since 1994
When outstanding receivables are preventing your Ohio business from covering payroll and paying your suppliers, your business suffers. If your invoices were paid right away, could your business soar? Paragon Financial gets you cash right now through our cash flow programs such as receivable factoring.
Paragon provides working capital solutions to a wide variety of Ohio-based industries such as manufacturing, oil and gas suppliers, government contractors, IT temp staffing agencies, beer, wine & spirit vendors, cable installers, farming and mining.
Let Paragon Improve Your Cash Flow
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 Ohio businesses credit.
Paragon Gives You The Capability To Make Things Happen Right Now
Improve Cash Flow Without Additional Debt
Factoring is not a loan, so you’re not incurring any debt. We ask for no equity stake in your company. Money immediately upon completion of work. You maintain full command of your business.
Client Credit Services
If you need us, Paragon can act as your in-house credit department at no charge. Check up on new clients before starting business with them. Paragon can give you their complete payment and credit history so you can avoid problems.
Accounts Receivable Management
Paragon provides 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.
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 Ohio your business is located, Columbus to Cleveland, Toledo to Cincinnati, Paragon is available to service all your invoice factoring needs.
Paragon’s lets you factor the invoices you want, when you want, with no long term contracts. We let you factor as much or as little of an account as you wish. You factor only what is advantageous to you.
Let Us Help Your Business Grow And Prosper
Cash flow enables you to go after bigger clients and contracts. Because larger companies can take longer to pay, you may find it difficult to accomplish large jobs or to fill big orders. Giving you the capability to grow your Ohio business is The Paragon Factor.
Increased cash flow can enable you to quick pay your suppliers. This can allow you ask for trade discounts from suppliers. Often, as little as a 2% quick pay discount can cover some, if not all, of your factoring costs.
Paragon serves all areas of Ohio, including Akron, Dayton, Parma, Canton and Youngstown.