Protecting Your Business

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 to outsource 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 were 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 ... Read More

Walmart $10 million fund

January 23rd Wal-Mart announced it has created a $10 million fund. This is 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. ... Read More

Invoice Factoring for Manufacturing Companies

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 marketplace today, the growth in your sales often outstrips your ability to get a line of credit.  We would like to help.    Invoice factoring looks at the creditworthiness of who you are selling to.   If you have solid purchase orders from the creditworthy government, large company or retail throughout the US we can ... Read More

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: ... Read More

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 25 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 ... Read More

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