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

Turn Arounds

Financing for Turn Arounds

How to get financing for turnarounds

In today’s economy, a lot of companies are in a turnaround situation because of lesser sales, banks not renewing their credit facility, falling behind on liabilities, or facing bankruptcy. Paragon is a member and sponsor of the Turnaround Management Association. We work with numerous turnaround consultants as well as directly with companies that can benefit from factoring their accounts receivable. Our credit decisions are based on your customer’s ability to pay, not yours.

By factoring in your accounts receivable invoices, it is possible for you to receive immediate cash. The revenue flows directly to you without having to wait to be paid. You will be able to increase your cash flow and can meet your working capital needs — money for growth, payroll, supplier payments, and overhead. You have guaranteed cash flow to help with your turnaround so your business can thrive again.

What Type of Turn-Around Business Situations do we Fund?

With Paragon Financial, working with undercapitalized companies is what we do. Either through invoice factoring or purchase order financing programs, we can get undercapitalized companies the funds they need quickly.

If you have a growing business and you deal with creditworthy customers, we can advance you up to 90% on your current outstanding invoices. We will wait for 45-60 days for your customers to pay. No longer will you have to turn down contracts or large orders because you are undercapitalized.

Paragon Financial has provided working capital solutions for undercapitalized companies for over 27 years. Our accounts receivable financing program has the flexibility to advance up to 90% of the invoiced amount.

We provide not only invoice factoring programs, but also provide payroll funding, purchase order financing, government contract financing, letters of credit, and supplier guarantees for small to larger companies across a wide variety of industries throughout the United States. We have a quick and easy approval process that can be set up in as little as three business days. In most cases, we provide same day funding once we receive an emailed copy of the invoice.

Need fast funding for turn around businesses?

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

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