Cable Sales & Installers
Invoice Factoring and Receivable Financing For Cable Sales and Installation Telecom Vendors.
- Quickpay from telecom clients
- Get up to 90% of your invoice advanced
- Money to Meet Payroll
- Grow your Company
- Client Credit Services
- Accounts Receivable Management
- Receivable Financing
Paragon Financial Group offers cable installation, door to door cable sales, drop bury, disconnects, and boring contractors working capital financing through our accounts receivable invoice factoring program. We understand that waiting 30-60+ days for payment of an invoice ties up your working capital. Getting paid quickAS FAST AS 1 DAY!
Getting paid quickAS FAST AS 1 DAY!through our factoring program, as a vendor you will have the money to meet payroll, grow your company, and pay your own suppliers. We’ll wait for your customer to pay. If you want to hire the best performers, your technicians or door to door sales crew must be paid each week.
Paragon has been factoring the telecommunication industry nationwide since 1994. We work with most of the MSO’s including Comcast, Time Warner, Cox, Charter, Vyve, Spectrum, Mediacom, Northland, New Wave, Suddenlink, and many more.
The Benefits of Telecom Factoring
Paragon advances cable installers and sales companies up to 90% of the invoice amount immediately through invoice factoring and account receivables factoring. With the remaining balance coming when your clients settle in full. Here’s how invoice factoring for cable industry companies works.
FAST PAY IS AS EASY AS 1-2-3:
- You provide goods or services to creditworthy telecom companies.
- Paragon funds your business with an immediate payment of 70%-90% of the invoiced amount.
- CUSTOMERS MAKE PAYMENTS DIRECTLY TO THE LOCKBOX. YOUR COMPANY IS PAID THE BALANCE OF THE INVOICE MINUS THE FEE.
Get the Cash you need Today
Cable Sales & InstallersApply Now
Remember, Paragon allows you the flexibility to factor what you want when you want. You can pick and choose the accounts that you want to factor.
Paragon Gives You The Money To Make Things Happen Now
Increase Cash Flow
Get money as soon as you finish the work. Paragon does not ask for equity in your company, nor are you taking on additional debt. We provide the capital you need and to keep your business growing.
Client Credit Services
Paragon can act as your in-house credit department at no cost to you. Before doing business with a new customer, let Paragon give you a comprehensive payment and credit history so you can avoid problem clients.
Help With Slow Paying Accounts Receivable (AR)
Paragon provides on-line, real-time reporting. You can log on anytime and see updated aging reports, collection reports, and more. Backdate certain reports and print them out directly for internal use or accounting purposes. Paragon is not a collection agency, but we do have a team of callers that put in friendly reminders to accounts when they get past due. We make sure to handle all calls in a professional manner. When discussed with you first, Paragon is fully capable of applying the heat when needed.
Paragon lets you factor the invoices you want when you want. We let you factor as much or as little of an account as you wish. You factor only what is advantageous to you.
Get Supplier Discounts – Win More Business
The ultimate goal of invoice factoring is to increase your available funds. This will enable you to go after bigger clients and larger contracts. Often, you will find that it takes the big guys longer to pay. This can lead to difficulties in filling larger orders and performing larger jobs. Helping you to grow your business is the purpose of The Paragon Factor. Increased cash flow can enable you to quickly pay your suppliers. This can allow you ask for trade discounts. Often, as little as a 2% quick pay discount can cover some, if not all, of your factoring costs.