New York City

Posted by on December 17, 2014 in | 0 comments

Top New York City Provider of Accounts Receivable Financing, Invoice Factoring and Purchase Order Financing In the NYC Area?  646-558-0089 Email Us Fast, Secure Online Application Facturación Amistosa en Español For 23 years, New York City businesses have been choosing Paragon Financial to meet their working capital needs through Paragon’s invoice factoring & PO Funding programs. The top ten industries in NYC include: Securities & Investment Misc Finance Lawyers/Law Firms Retired Real Estate Insurance Business Services TV/Movies/Music Misc Manufacturing & Distributing Education From financial to insurance, from health care to real estate, NYC business owners have successfully grown their companies with Paragon Financial’s invoice factoring, AR management, credit protection and purchase order financing programs. Contact us today to get the working capital you need for your New York City...

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Oil/Gas Economic Surge Lifts US Household Income in 2012

Posted by on September 23, 2013 in Invoice Financing | Comments Off on Oil/Gas Economic Surge Lifts US Household Income in 2012

Unconventional oil and gas production has increased disposable income by an average of $1,200 per U.S. household in 2012 as savings from lower energy costs were passed along to consumers in the form of lower energy bills as well as lower costs for all other goods and services. That figure is expected to grow to just over $2,000 in 2015 and reach more than $3,500 in 2025, a study by IHS says. Here’s an interesting map showing where the Shale gas boom is concentrated across the US. Texas, New York, Pennsylvania, West Virginia and Arkansas have some of the largest concentrations. Paragon Financial has been providing oil and gas industry financing since 1994.  We work with a variety of oil/gas suppliers’ water haulers, frac sand haulers, roustabouts, vacuum trucks, environmental clean up, excavating / dirt work, tank cleaners, pressure washing, component manufacturers, inspection services, flowback testing, gravel pit suppliers and rig movers. Find out more information on how we can help finance your oil and gas supplier...

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Beer Brewing Company, New York, NY

Posted by on August 12, 2013 in Beer Brewing Company, Success Stories | 0 comments

Paragon Financial has provided a $250,000 accounts receivable factoring line of credit to a New York Beer Brewing & Beverage Company.

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Utilizing a Factoring Company for Growth in the Wines, Spirits and Beer Industry

Posted by on May 13, 2013 in Invoice Factoring, Invoice Financing, Purchase Order Financing | 3 comments

Entrepreneurs engaged in the wines, spirits and beer industries often find it very difficult to finance their working capital needs. The reason is the time lag between the production, importing, distributing or selling of the alcoholic beverages, and the time when they get paid by their customers. Whether you are importing wines from Chile; distributing beverages to big box stores, specialty stores or wholesalers; producing wines in California or Washington State; or brewing beer in microbreweries in Massachusetts, New York or anywhere in between, a shortage of working capital can slow your business down, reduce annual sales, and thus overall business profitability. Get the Capital You Need as Demand Rises Whatever your end of the industry, your business should not have to be slowed or your sales reduced because of inadequate cash flow. That’s especially true when the global demand for alcoholic beverages is forecast to be on the rise in 2013 and beyond, according to a recent analysis from Moody’s Investor’s Service. Moody’s raised the outlook for the industry to “positive” from “stable,” saying that commodity cost pressures in the industry are abating, and that the demand is growing, particularly in emerging markets. Just observe what’s happening in your area — how demand for wines, spirits and beer is rising. You don’t want to lose out simply because of a shortage of working capital. To help maintain and grow your business a factoring company can be the funding solution. You can use funding programs such as invoice factoring to obtain cash now without waiting the typical 60+ days until your customer pays their invoice. You can use purchase order financing to obtain the goods and supplies you need. Alternatively, you can use a vendor guarantee from a high-quality finance company to obtain needed supplies. Ready to qualify for fast working capital? Apply securely now, call 888-400-5931, email us or chat.   Paragon Understands Your Business and We Can Help All aspects of the wines, spirits and beer businesses are highly competitive. When you’re seeking to grow your business, there is no time to lose with concerns about being underfinanced. A qualified alternative financing and asset-based lending firm such as Paragon Financial can provide for all of your funding needs. For more than 19 years, Paragon Financial has been providing wine industry financing, beer factoring, alcoholic beverage factoring, craft beer factoring and microbrewery factoring across the US. We understand the wine and spirits industry. And we understand the complexities and differences in state-by-state regulatory requirements, which can often delay or prevent new business opportunities if they are not properly followed. We provide working capital through factoring to entrepreneurs who need the cash to move their business ahead in the constantly-competitive alcoholic beverage environment. By obtaining cash immediately following invoicing through factoring rather than waiting 60+ days for invoice payment, you can easily fund payroll, pay suppliers and invest in growing your business. We can buy your supplies for you through our purchase order financing program. We can guarantee credit with your vendors through our vendor guarantee program. And we can fund your invoices to your downstream customers at very high advance rates through our factoring program. As the demand for wines, spirits and beer heats up going forward, as anticipated, you will be glad that you have a service-oriented financing firm at your side helping you to meet your current needs and expand your business to the next level. Ready to qualify for fast working capital? Apply securely now, call 888-400-5931, email us or chat. Money When Your Business Needs It...

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Brooklyn New York Food Company – Factoring Line of Credit

Posted by on October 4, 2012 in Food Manufacturer, Success Stories | 0 comments

Paragon Financial Group (Paragon) announced that it has provided a $1 million invoice factoring line of credit to a New York food manufacturer of health-conscious quality snacks. The financing will enable the Company to expand into new geographic markets and grow their business. Read More

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