“We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. Don’t let yourself be lulled into inaction.” – Bill Gates As a 23 year funder of the cable and telecom industry, Paragon Financial closely monitors changes within the industry.  This allows us to proactively help cable/telecom vendors, suppliers and contractors succeed.  We all are watching as talks continue of Charter Communications acquiring Cox Communications, the impact of Charter acquiring Time Warner Cable Inc. and Bright House Networks LLC, and Altice NV acquiring Cablevision and Suddenlink. There are other ... Read More

The Benefits of Invoice Factoring for Your Telecom Vendor Business

A small business depending on a large telecom company to pay their bills on time can quickly find themselves in a financial rut. Invoice factoring for telecom suppliers will not only keep your service up and be running. It can put you ahead of your competitors. How Does Invoice Factoring for Telecom Businesses Work? Factoring receivables is an alternative funding solution for businesses. It does not require you to hand over a part of your business to a third party, nor will it put you into debt. Instead, you are advanced the money that your telecom clients owe you. What ... Read More

Paragon Financial has provided a $650,000 invoice financing line of credit to a Kissimmee Florida Cable Construction firm.

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FOR IMMEDIATE RELEASE Ft. Lauderdale, FL, 11/14/2011, Paragon Financial Group, Inc. today announced a new accounts receivable factoring line with door-to-door cable sales and installation contractor headquartered in Goodlettsville, Tennessee, near Nashville. The contractor established the new business to market cable sales and installation services to residential customers.  With over 13 years previous experience in the industry, getting sales wasn’t the problem.  Handling the growth and capital needs with receivable out 45-60 days was the problem. A fellow veteran in the telecom industry and current Paragon client recommended the contractor call Paragon to discuss what financing options would best suit ... Read More

FOR IMMEDIATE RELEASE Miami, FL, 8/02/2011, Paragon Financial Group has provided a receivables financing facility to a cable company that provides installation services for Time Warner Cable.  Company headquarters are located in Cleveland, Ohio, with two additional offices in Florida. The company was founded seven years ago to provide cable installation services.  Business continued to progress with Time Warner Cable as their primary customer.  Time Warner was so pleased with their efforts that they decided to expand their territory.  The increase in sales was great for business, but the growth created cash flow and payroll funding difficulties. The owner needed ... Read More

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