Tea and coffee financing

Since 1994, Paragon financial has been meeting the needs of floral and cut flower importers and wholesalers through Invoice Factoring and Purchase Order funding. At Paragon, we understand time is not your friend and how to deal with dilution percentages in the floral industry. The process to fund cut flower importation is fairly simple. You as the cut flower importer make a sale and receive a valid Purchase Order from a creditworthy client (Paragon can offer customer credit protection against bankruptcy/insolvency to cut flower importers). Using a Vendor Guarantee or Cash Against Documents (CAD) supplied by Paragon, your vendor ships ... Read More

How It Works & PO Funding Benefits Purchase order financing is a funding option for businesses that need cash to fill single or multiple customer orders. In many businesses, cash flow problems exist. There will be times where there is simply not enough money available to cover the costs of doing business. As a result, there may be an order from a client that isn’t able to be fulfilled due to a lack of cash. A company may not be able to afford the supplies necessary to meet the client’s particular needs. Having to turn the order down would obviously ... Read More

Ft Lauderdale, FL – Paragon Financial Group announces it has experienced a 23 percent increase in funding deals generated from trade financing and import purchase order financing during the 3rd quarters of 2015. Paragon believes in part this is occurring from China devaluing its currency, with cheaper Chinese imports creating strong opportunities for United States importers. Trade and financing go hand-in-hand with approximately 90% of the world’s international trade being financed according to the World Trade Organization. Chris Curtin, Paragon Financial’s National Sales Managers states, “Trade lines through banks are limited to many companies, but being transaction driven, Paragon Financial ... Read More

import financing

As China devalues its currency, cheaper Chinese imports are creating strong opportunities for United States importers. At the same time, with a growing middle class, China is now the third largest US export destination just behind Canada and Mexico. US exports to China have increased 198 percent over the past 10 years, higher than any other country, stated the US-China Business Council in its 2015 annual report. As China shifts towards a consumer-driven growth model, the world’s factory of today will become the world’s largest importer and the world’s market in the next decade. Trade and financing go hand-in-hand with approximately ... Read More

FOR IMMEDIATE RELEASE Ft. Lauderdale, January 31, 2015 – Paragon Financial Group has seen a major increase in the working capital needs of their food & beverage importer clients throughout the last quarter of 2014 and into 2015. Paragon’s import clients closely followed the biggest revenue gains in US food & beverage imports (US Census Bureau) between 2013 and 2014 including wine, beer and spirits, meat products, fish, nuts, coffee and olive oil. “We have seen an increased demand for funding with many of our clients importing food from regions such as Spain, Chile, Peru, Ireland and Italy. Paragon is ... Read More

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