Charlotte

Posted by on December 17, 2014 in | 0 comments

Top Charlotte of Accounts Receivable Financing, Invoice Factoring and Purchase Order Financing In the Charlotte Area?  704-247-4168 helpdesk.charlotte@paragonfinancial.net Fast, Secure Online Application Facturación Amistosa en Español For 23 years, Charlotte businesses have been choosing Paragon Financial to meet their working capital needs through Paragon’s invoice factoring & PO Funding programs. Charlotte’s top industries include aerospace/aviation, banking/financial services, biotechnology/life sciences, energy, film production and motorsports.  These industry 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 Charlotte...

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Raleigh

Posted by on December 17, 2014 in | 0 comments

Top Raleigh Provider of Accounts Receivable Financing, Invoice Factoring and Purchase Order Financing In the Raleigh Area?  919-670-0902 helpdesk.raleigh@paragonfinancial.net Fast, Secure Online Application Facturación Amistosa en Español Raleigh, North Carolina is ranked #1 for ‘The Best Places For Business And Careers’.  Plus the area is one of the country’s largest and most successful research parks and a major center in the U.S. for high-tech and biotech research.   For 23 years, Raleigh businesses have been choosing Paragon Financial to meet their working capital needs through Paragon’s invoice factoring & PO Funding programs. From education to high-tech companies, from aerospace to financial services, 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 Raleigh...

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Charlotte North Carolina Distributor Start-up – Invoice Factoring

Posted by on October 9, 2012 in Manufacturer / Distributor, Success Stories | 0 comments

Paragon Financial Group (Paragon) announced that it has provided a $600,000 invoice factoring line of credit to a start-up Charlotte, North Carolina distributor of metal supplies.   With Paragon’s factoring line of credit, the Company will be able to support their new customers, and continue to expand their growing business. Read More

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10/08/2012 – Paragon Helps Launch Distribution Company with $600,000 Invoice Factoring Line

Posted by on October 9, 2012 in | 0 comments

Paragon Financial Group (Paragon) announced that it has provided a $600,000 invoice factoring line of credit to a metals supply distributor. The financing will enable the Company to take on new clients and build their business. Based in Charlotte, NC, the Company was founded in 2012 by a former top metals salesman. The owner saw first-hand the effects of shifting industry dynamics and a continually changing landscape of national service centers and wholesalers on his long-term customers. Many were left without a technical expert with a specialized knowledge of the industry. Recognizing that this was a void in the market he could fill, he leveraged his network of suppliers, buyers and industry contacts to start a distribution company which could provide the best products and prices for its clients. Unfortunately, the one thing he lacked was sufficient working capital to build the business. The Company heard about Paragon Financial through their broker. After comparing factoring companies, they found that Paragon had the understanding and willingness to work with a start-up company with a solid business plan. “There was competition on this deal,” said Michael Rossi, President of Paragon Financial Group. “They chose Paragon for our willingness to work with start-up companies. We are happy that we could help this young company grow their business with the factoring line of credit in place.” With Paragon’s factoring line of credit, the Company will be able to support their new customers, and continue to expand their growing business. ABOUT PARAGON FINANCIAL GROUP For over 18 years, Paragon Financial Group has provided working capital solutions for growing companies throughout the U.S. They serve small to large-size companies across a wide variety of industries through invoice factoring, and purchase order financing up to $3 million per month in volume. Paragon is a leading source for receivables financing, government contract financing, payroll funding, and purchase order financing. For more information visit...

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Raleigh North Carolina Security Guard Staffing

Posted by on December 19, 2011 in Staffing Company, Success Stories | 0 comments

Financing Growth Through Factoring Client: A Raleigh, NC area veteran-owned staffing agency providing unarmed security personnel. Industry: Security Guard Staffing Situation: The Company had won a $2 million one year self-renewing contract from the U.S. government to provide security personnel for the Mine Health and Safety Academy. These personnel would require high end security clearance, which meant higher pay, putting pressure on the Company’s cash flow. Their bank line of credit provided enough funding for their other endeavors but this project required all new financing, which the bank was not willing to provide. Without financing, the Company would have to pass on the contract and the chance for growth. Solution: Paragon provided Accounts Receivable Financing with a  factoring line of $600,000. The Company had never factored before, so Paragon worked with them step by step to ensure they were comfortable with the process. Paragon worked with the Company’s bank to subordinate their lien on this contract, negotiating an agreement that was acceptable to both parties. Paragon took care of all the red tape for the Company, working with the government contracting and disbursing offices to complete the proper paperwork and ensure the contract was officially amended. Result: The Company received the necessary funding to take on the contract and expand. And, they now have the factoring foundation in place for any other contract they pursue in the future. Get the Cash you need Today Need Fast Funding for Staffing Companies? Apply...

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