Protecting Your Business from Future Uncertainty

Posted by on August 14, 2015 in Factoring | Comments Off on Protecting Your Business from Future Uncertainty

Understanding the market trends of the future will mean success or failure for your business. It is easier to sell into an expanding marketplace than a contracting one. Think outsourcing vs buggy whips and how much the economy has changed in the last fifteen years. Fifteen years ago a positive mention in PC Magazine helped propel Google, housing prices were soaring and Lehman Brothers was business as usual. Ten years ago, people were unsuccessfully predicting the rise of Ebay drop-off stores and $200/barrel oil. Five years ago who had heard of Uber? Sales success is derived from a little luck, being nimble and a decent understanding of what products and services consumers, companies and governments will need. This knowledge helps you make crucial decisions for your business and family. Do you want to know where to build your resources and network? Here are a few good bets on industries to focus on over the next decade: Wood, Cement & Building Product Importing and Manufacturing – Housing prices are rebounding and people are building again. Construction spending is going up and government must deal with a crumbling infrastructure. Computer System Design – The US and the world as a whole continues to race towards a fully autonomous digital world. Outsourcing & Staffing – Technology cannot solve everything and large corporations and government entities do not want to add the legacy costs of full time employees. Companies and governments of all sizes urgently need staff for IT, healthcare, warehousing, security, clerical, maintenance services and janitorial. 3-D Printing – This emerging technology has the potential to transform traditional manufacturing, from textiles to breakthrough medical innovations. Wine Industry – An aging US population loves its wine and is the number one buyer across all price points. 100 million Americans are now wine drinkers. Factoring clients and brokers can take advantage of Paragon Financial’s forward thinking culture and deep industry knowledge. Do you have a question about a specific industry and the trends that lie ahead? Are you worried about the unknown and protecting your family and business from future shifts in the economy? Please contact Paragon. We are happy to share our experience and help fund your future growth. Our National Sales Manager, Chris Curtin at 888-400-5931 ext 1 would love to hear from you. Money When Your Business Needs It...

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Walmart $10 million fund to spur on U.S. manufacturing & suppliers

Posted by on February 10, 2014 in Small Business | Comments Off on Walmart $10 million fund to spur on U.S. manufacturing & suppliers

January 23rd Wal-Mart announced it has created a $10 million fund to support manufacturing in the United States offering grants to innovators in U.S. manufacturing. The company’s long-time suppliers are returning production to the United States, as rising wages in China and other offshore production less profitable.   Kent International, a New Jersey-based bicycle manufacturer, announced with Wal-Mart on Thursday that it will move its production to Clarendon, South Carolina, and create 175 new jobs and assemble 500,000 bicycles annually by 2016. Wal-Mart is the largest private employer in the world and employs around 1.3 million people in the United States....

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Invoice Factoring for Manufacturing Companies

Posted by on December 29, 2013 in Invoice Factoring | 1 comment

Invoice Factoring for manufacturing companies in America.  This is a great time to be a manufacturer in the US.   Wages overseas are on the rise .  Currencies are in the US’ favor and manufacturing jobs and sales are picking up tremendously.   Many times in the market place today, the growth in your sales often out strips your ability to get a line of credit.  We would like to help.    Invoice factoring looks at the credit worthiness of who you are selling to.   If you have solid purchase orders from credit worthy government, large company or retail throughout the US we can help with invoice factoring.   With our funding programs you get: Up to 90% advanced Cash in as fast as 24 hours A free credit department. Free credit insurance.  We insure the receivables against bankruptcy. The famous light touch of our account executives. We get you the working capital you need to buy raw materials, meet payroll and to grow your manufacturing business.  For more information contact us...

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Government Shutdown Equals No Small Business Payments

Posted by on October 9, 2013 in Accounts Receivable Factoring, Invoice Factoring | Comments Off on Government Shutdown Equals No Small Business Payments

ARE YOU FEELING THE PINCH OF THE FEDERAL GOVERNMENT SHUTDOWN? If you are a federal government contractor there is a good chance you are.   The U.S. government spends $1.4 billion a day on business with US contractors, CBS News reports.  With the government in ‘shutdown mode’ checks are not being cut and contractors are not being paid.  The longer this lingers, obviously, the more painful this is going to become for small business. Please contact us and see if we can help you with your cash flow through this government crisis. Listen on NPR: Shutdown Hits Usually Stable Business: Government...

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Factoring for Manufacturing Companies

Posted by on September 25, 2013 in Accounts Receivable Factoring, Invoice Factoring | 1 comment

With the cost of labor and energy prices on the rise in Asia it’s become cost effective to build products again in the US. For almost 20 years Paragon Financial has been funding manufacturers. Everything from food products, bearings, to motors, to fabrics to clothing. If you are a manufacturing company and building it for credit worthy clients we want to help. We have clients anywhere from $30,000- $3,000,000 per month Advance rates up to 90% Our invoice financing and receivable financing facilities include insurance protection against bankruptcy. Paragon Financial’s personnel has manufacturing backgrounds understanding your specific needs. Click here for more information on factoring manufacturing...

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