Invoice Factoring For Cable Sales Companies
- Working Capital in Less Than One Day
- Meet Payroll Today
- Up to 90% of your Invoice Advanced
- Tools to Grow Your Cable Business
- Client Credit Services
- Accounts Receivable Management
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 for your cable related services and products. Paragon has programs specifically tailored for the cable industry. You will have the money to meet payroll, grow your company, and pay 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 cable companies nationwide since 1994. We work with most of the MSO’s including Comcast, Time Warner, Cox, Charter, Bresnan, Allegiance, Brighthouse, Mediacom, Northland, New Wave, Sudden Link, and many more.
Our factoring service gives you the opportunity to grow without having to worry about getting bank financing. We approve you based on your customer’s ability to pay, not yours.
Fundamentally, factoring provides you with up to 90% of the outstanding invoice now. You get the remaining balance when your client settles in full. Here’s how invoice factoring for cable sales companies works in three simple, easy steps:
- Your cable sales company provides goods or services to creditworthy customers and then invoices them with a copy sent to Paragon.
- Paragon will fund your business with an immediate payment of 70%-90% of the received amount.
- Customers make payment directly to Paragon according to the terms of the invoice, and Paragon return the balance of the paid invoice to you minus a fee.
It’s simple as that! Get started immediately by filling out the simple and quick online application on the right-hand side of this webpage.
And remember, Paragon’s agreements allow you the flexibility to factor what you want, when you want. You can pick and choose the accounts that you want to factor.
The Paragon Factor Lets You Concentrate On Growing Your Business
Increased Capital Without Increased Debt
Invoice factoring brings you the money that is due to you without incurring increased debt. Paragon asks for no equity in your firm and you maintain full control of your business.
Customer Credit Services
At no extra cost, Paragon now acts as your in-house credit department. If you’re thinking about doing business with a new client, give Paragon a call. We’ll give you detailed information on their payment and credit history. Paragon can help you stay clear of doing business with bad companies.
Accounts Receivable Management
Log onto Paragon’s real time reports system. Check collections, print out account reports and more.
If you have clients that need friendly reminders, let our experienced call personnel contact your past due accounts. At your request, our professional team can even apply appropriate pressure to remind clients of their obligations.
Here at Paragon, we allow you to use invoice factoring when and if it is favorable for you and your company. We do not ask you to sign on to any long-term contracts. With Paragon, you choose the accounts that you want to factor and, unlike other companies, we do not require you factor the entire account. You get the flexibility to factor what you want, when you want, if and when it’s advantageous for you.
Win More Business – Get Supplier Discounts
Ultimately, this is the goal of invoice factoring. With your new-found cash flow you can now go after larger contracts and bigger clients. The big guys often take longer to pay and it’s difficult to perform big jobs or fill larger orders when you don’t have the cash flow to sustain it. The ability to grow your business is The Paragon Factor. In addition, you can now ask for trade discounts from your suppliers. Often times getting a 2% discount for quick pay to your suppliers can help absorb some, if not all, of your factoring cost.