Paragon Financial has provided an $800,000 factoring line of credit to a Miami Florida Floral Distributor. Money When Your Business Needs It Most!™

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cut flower floral industry factoring

Did you know that California cut flower growers account for 75 percent of all domestically grown in the United States?  Additionally, flowers imported through Miami supply approximately two-thirds of the flowers consumed in the U.S. The industry generates 19,000 jobs and $2.4 million per day in salaries and wages in California and 6,100 jobs in Miami alone. This includes importers, bouquet companies, brokers, transportation, bulb and container suppliers, floral, greenhouses, horticulture suppliers, insurance, irrigation, seeds, tunnels and much more. All of these aspects of the cut flower industry contribute to about $6 million per day in total economic impact. From coast to coast, Paragon ... Read More

Paragon Financial has provided a $800,000 receivables financing line of credit to a Miami Florida Floral Distributor. We moved quickly to meet their working capital needs and gave them peace of mind with Paragon’s Credit Protection through Non-Recourse Factoring Program. Money When Your Business Needs It Most!™

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