Ft. Lauderdale

FOR IMMEDIATE RELEASE Ft Lauderdale FL – June 18, 2014: Paragon Financial Group has seen a major increase in the working capital needs of their spirits industry clients going into the 2nd quarter of 2014. With tequila distributors, suppliers and vendors leading the way for invoice factoring, purchase order funding and credit protection in the spirits sector. Consumer demand for high-end tequila is a major catalyst behind this need with high-end premium growing 192.6% and super premium at 455.9% since 2003 for a total of $2 billion dollars in supplier revenue for all tequila in 2013, according to the Distilled Spirits Council, ... Read More

FOR IMMEDIATE RELEASE Fort Lauderdale FL – June 18, 2014:  Paragon Financial Group, as part of their 20th Anniversary celebration, will hold an all-day invoice factoring education & training seminar/webinar on Friday, June 20th, 2014 starting at 8:30 am for those interested in becoming or sharpening their skills as factoring Brokers or Financial Intermediaries. Topics covered include: Networking with referral sources How to generate leads through your own website How to quickly size up a deal and place it at the correct funder Know the difference between PO funding and Invoice Factoring Using Credit Insurance as a Marketing Tool Using tax issues as a ... Read More

FOR IMMEDIATE RELEASE Miami FL – May 7, 2014: Paragon Financial Group, Inc’s VP, Regional Marketing Manager, Eddy del Rio, is a finalist for the Model Star award presented by the Coral Gables Chamber of Commerce. This award recognizes outstanding South Florida young professionals under 40 years old that demonstrate excellence in their profession, as well as the community. Chris Curtin, Paragon Financial Group’s National Sales Manager says, “Paragon is blessed to have Eddy. He is a great family man and an asset to the South Florida community.” Along with Eddy being an invaluable part of Paragon Financial Group’s marketing ... Read More

FOR IMMEDIATE RELEASE Ft. Lauderdale, FL – April 30, 2014: Paragon Financial Group, Inc. (“Paragon Financial”), a factoring company providing invoice factoring, credit protection, and purchase order financing, announced today that it has partnered with Newtek Business Services, Inc. (NASDAQ: NEWT), The Small Business Authority®. Through this partnership, Paragon Financial will offer several of Newtek’s products and services to its national multi-industry client base. Specifically, Paragon Financial’s clients will now have access to several of Newtek’s financial products and business services including commercial business loans, billing, commercial real estate, web-based payroll, business cash advance, cloud computing, web hosting, data storage, ... Read More

FOR IMMEDIATE RELEASE Ft. Lauderdale, FL – April 23, 2014: Paragon Financial Group has experienced a surge in staffing factoring lines of credit in the first quarter of 2014. Much of this growth has been seen in the IT staffing sector. According to the Staffing Industry Pulse Survey, IT staffing has experienced a median year-over-year growth of 13% along with the strongest bill rate trends as compared to other segments. Paragon Financial has experienced a similar growth in the IT staffing market. Reflecting IT staffing firms increased the need for additional working capital and payroll funding. In a year-to-year comparison, ... Read More

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