Paragon Financial Group is funding during the COVID-19 crisis.

Growth Opportunities

Growth is the primary objective of any young business owner. When and if those growth opportunities emerge, do you have the resources in place to move forward? Most young companies lack the capital reserves and maybe turning down those opportunities.

The Benefits of Non-Recourse Invoice Factoring for Business Growth Opportunities

The Benefits of Non-Recourse Invoice Factoring for Business Growth

You may currently have a line of credit with a bank, but is that enough? With our invoice financing and purchase order financing programs, Factors will be able to provide assistance.

Chances are unless you’re a seasoned business with a proven track record and good corporate credit, banks won’t talk to you. With a lot of small to medium size companies, their only viable asset can be the account receivables they currently have outstanding. Having that kind of a balance sheet, it’s difficult to find the funds necessary to grow your business.

Working with growing companies is what factors do. Either through invoice factoring or purchase order financing programs, factors can inject your business with the fresh capital it needs to break through the stagnant barrier and advance you into that next stage of growth.

If you work with creditworthy customers, factors can advance you up to 90% on your current outstanding invoices. Factors will wait for the 45-60 days for your customers to pay. No longer will you have to turn down contracts or large orders because you are undercapitalized.

Factoring companies have provided working capital solutions for growing companies for years. Accounts receivable financing program has the flexibility to advance up to 90% of the invoiced amount. Factors provide not only non-recourse invoice factoring programs but also provide payroll funding, purchase order financing, government contract financing, letters of credit, and supplier guarantees.

This is great for small to larger companies across a wide variety of industries throughout the United States. Plus, factors have a quick and easy approval process that can be set up in as little as 3 business days. In most cases, we provide same day funding once we receive an emailed copy of the invoice.

Need Fast Funding for your Business to grow?

Apply Securely, call 888-400-5931 ext 1 or email us.

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