Non-Recourse Factoring & PO Financing For Aerospace/Aircraft Suppliers
- Funding the Aerospace/Aircraft Industry for over 2 decades
- Credit Protection Provides Extra Security
- We Work with Clients that are Non-Bankable
- Client Concentration Funding & Slow Paying Customer Experts
- Entrepreneur Friendly
Aerospace and aircraft supply demand is surging, highlighted by the global UAV (Unmanned Aerial Vehicles) or commercial drones leading the way with an expected growth of a Compound Annual Growth Rate (CAGR) of 10.16% between 2016 and 2020. Followed by global commercial aircraft aftermarket parts market to grow at a CAGR of 5.81% over the period 2014-2019. High levels of working capital are essential for manufacturers, importers and distributors to keep up with the competition. When customer payments take 30 or 60 days your business can slow down and suffer. Meeting the cash flow requirements of an ever-growing payroll, new equipment purchasing, raw material and other essential operational costs can get overwhelming.
>> Read our Case Study on Aerospace/Aircraft Supplier Financing
Many small to medium areospace and aircraft supplier businesses are non-bankable, but this does not mean you can not take advantage of these growth opportunities. With Paragon Financials 2 decades plus experience, companies with IRS issues, start-ups, client concentration and bad credit can qualify for funding. Non-recourse options offer credit protection against bankruptcy giving your company an extra layer of security.
Take advantage of these tremendous industry opportunities through non-recourse factoring and purchase order funding. These funding packages give your aerospace & aircraft business the ability to improve working capital, keeping your company profitable and strong.