Accounts Receivable Factoring

Accounts receivable factoring is great tool for funding your company. It helps your small business get the working capital needed to maximize opportunities and keep profitable.  Below, we will discuss scenarios where receivable factoring is a funding option that makes sense. Is Your Business New? Startup businesses do not typically have a lot of working capital.  Having the ability to meet payroll, invest in a new idea or buy raw material can make or break the company.  Often times, new businesses are not able to secure bank funding giving them few options to raising capital. Selling their accounts receivables can be an effective way to raise money ... Read More

FOR IMMEDIATE RELEASE Paragon Financial Group’s National Sales Manager and Executive Vice President Chris Curtin will be a featured speaker at the CEO Forum themed Alternative Financing Strategies: Finding Money in a Way that Works Best for You. Port St. Lucie, FL – July 15, 2014: Paragon Financial Group’s National Sales Manager and Executive Vice President Chris Curtin will be a featured speaker at the CEO Forum held at the CareerSource Research Coast in Port St Lucie, Florida, July 17th at 5 PM. The theme is Alternative Financing Strategies: Finding Money in a Way that Works Best for You. Participants ... Read More

Factoring Brokers Company USPs

What is a Unique Selling Proposition (USP)? A USP is how you as a factoring broker, differentiate yourself from your competition. We are sure you have your own USP to help your company stand out and close more deals. Here is Paragon’s Unique Selling Proposition, which we hope you can utilize within your sphere of influence. What is Paragon’s Unique Selling Proposition? 1. We credit protect you Why is this important and how does it separate Paragon from other AR factoring companies? Less than 20% of invoice factoring companies utilize credit insurance. Why so few? It is expensive and many invoice factors do ... Read More

sba loan factoring

The Small Business Administration (SBA) and AARP are teaming up to host National Encore Entrepreneur Mentor Month, targeting entrepreneurs over the age of 50. Building on last year’s successful strategic alliance, the two organizations provided nationwide mentoring and training to over 119,000 individuals. Throughout April, SBA district offices, state AARP offices and SBA resource partners will host more than 100 events (workshops, conferences, seminars, etc.) to help entrepreneurs 50+ start or grow a business. The following are valuable links to SBA and AARP entrepreneur online resources: Free Online Courses Encore Entrepreneurship for Women Encore Entrepreneurship Webinar Series Money When Your Business ... Read More

invoice factoring success

Invoice factoring is an excellent funding option for your small to medium business.  Here are some of the many reasons to consider invoice factoring with Paragon Financial for your companies cash flow needs: You can have credit issues but that doesn’t affect your ability to get funded.  We look at your clients creditworthiness, not yours. Up to 90% advance rates with online invoice submission, reporting and D&B reports The famous Paragon “Soft Touch” with your clients and contracting officer Your business gets the money you need fast.  There are no long delays in getting approved compared to bank underwriting. Invoice ... Read More

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