FOR IMMEDIATE RELEASE Ft. Lauderdale, January 31, 2015 – Paragon Financial Group has seen a major increase in the working capital needs of their food & beverage importer clients throughout the last quarter of 2014 and into 2015. Paragon’s import clients closely followed the biggest revenue gains in US food & beverage imports (US Census Bureau) between 2013 and 2014 including wine, beer and spirits, meat products, fish, nuts, coffee and olive oil. “We have seen an increased demand for funding with many of our clients importing food from regions such as Spain, Chile, Peru, Ireland and Italy. Paragon is ... Read More

financing olive oil importers

From Sacramento, California to Philadelphia, Pennsylvania, the U.S. has an insatiable appetite for oil olive.   And why not, the oil has no cholesterol, is high in monounsaturated fat, and high in antioxidants.  In fact, U.S. consumers devour 38.4% of the world’s imported olive oil.  They rank 3rd in terms of overall consumption behind just Italy and Spain.   Organic olive oil is even one of the top US organic imports. U.S. olive oil import is a big business and continues to rise year-to-year.  Imports have doubled since 1997 and with the retail market consisting of 59% extra virgin, 29% olive oil ... Read More

Paragon Financial has provided a $250,000 invoice factoring line of credit to a food distributor in Miami, Florida. 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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Paragon Financial has provided a $400,000 invoice factoring line of credit to a Michigan Specialty Food Distributor. Money When Your Business Needs It Most!™

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Paragon has provided a $250,000 factoring line of credit to a Coral Gables, Florida Cookie 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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