Paragon Financial has provided a $250,000 receivable financing line of credit to a Lighting Company, Tampa, Florida. Money When Your Business Needs It Most!™

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Paragon Financial has provided a $1,000,000 receivable financing line of credit to a Boston, MA lighting company. Money When Your Business Needs It Most!™

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Located in Boston, MA, a forward-thinking lighting company provides cost-effective turnkey lighting solutions from design through installation and ongoing service. Working for commercial, industrial and utility markets, each project is a huge, labor-intensive undertaking, and they relied on factoring to meet payroll. They had been working with Paragon on a steady basis until they perceived they needed to move toward a more traditional finance relationship, but we kept in touch. After four years with another finance company, the Company called Paragon and asked to come back “home.” The relationship with the other finance company had soured.  Read more on how ... Read More

With a new, reliable source of working capital in place, the Boston, MA lighting company was able to meet payroll and continue taking on new projects without a single hiccup.

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