Consulting

Consulting Financing

Invoice Factoring & Receivable Financing For Consulting Firms

For over 25 years, Paragon Financial has helped many consultants by offering consulting factoring as an alternative to conventional Bank Financing.

Paragon has been helping many consultant firms with their financing needs including but not restricted to:

  • Management consultants
  • IT Consultants
  • Asset Based Lending Consultants
  • Staffing Consultants, and all other types of consultants.

When the banks would not offer financing or too little, Paragon offers consulting firms funding through cash flow programs like Invoice Factoring, Purchase Order Financing, and Accounts Receivable Financing. Waiting 30-90 days for payment of an invoice ties up consulting firms working capital. By receiving payment immediately upon invoicing through our factoring program, you will have the money to meet payroll, grow your consulting firm, and pay suppliers. We’ll wait for your customer to pay.

Simply put, factoring means that Paragon advances you up to 90% of the invoice amount immediately. In addition, this gives the remaining balance when your clients make full payment.

  • Low Rates 1.25-2% per 30 days – Use Factoring Calculator
  • No Credit Risk, Cash in Your Hands in as Little as 24 Hours
  • Up to 90% Advanced on Your Invoices
  • Working Capital in as little as 24 hours
  • Get up to 90% of your invoice advanced
  • Ensure Payroll is Met
  • Develop Cash Flow Program
  • Client Credit Services
  • Accounts Receivable Management

What is Needed to Get Started with No Credit Risk Invoice Factoring?

Use our fast, safe and secure online funding application, Contact Form or call us at 888-400-5931.

Best Factoring Company Get the Cash you need Today

Consulting

Apply Now

How does Invoice Factoring for Consulting Firms Work?

The three simple steps are:

  1. Your consulting firm provides goods or services to creditworthy customers and then invoices them with a copy sent to Paragon.
  2. Paragon will fund your business with an immediate payment of up to 90% of the received amount.
  3. Customers make payment directly to Paragon according to the terms of the invoice, and Paragon returns the balance of the paid invoice to you minus a fee.

Why Factoring For Consultants?

  1. Low Rates 1.25-2% per 30 days
  2. Fast Funding
  3. working Capital in 24-48 hours
  4. No Credit Risk
  5. Increase Your Cash Flow
  6. Receivable Management

What are the Benefits of Consulting Company Factoring?

The Paragon Factor Gives You The Power To Make Things Happen Now

  • Keep Capital Flowing Without Increasing Your Debt: This is not a loan. Paragon gets you money for your completed work. In addition, we don’t ask for equity in your business, you retain full control.
  • 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. With this, you can avoid problem clients.
  • Flexibility: Paragon’s agreements give you the flexibility to factor what you want when you want. Also, you choose which accounts that you wish to factor. Unlike some other companies, Paragon does not require you to factor everything. We only want you to use factoring if and when it’s beneficial to you.
  • Get Supplier Discounts – Win More Business: The ultimate goal of invoice factoring is to increase your available funds. Besides, 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. Thus, it 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 to ask for trade discounts. Often, as little as a 2% quick pay discount can cover some, if not all, of your factoring costs.
  • Accounts Receivable Management: Paragon provides on-line, real-time reporting. Thus, 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. Moreover, Paragon is not a collection agency. However, 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. Furthermore, when discussed with you first, Paragon is fully capable of applying the heat when needed.

How can I Qualify for Invoice Factoring?

Who can afford to wait 45, 60 or 90 days to get paid by your large commercial or government customers? In fact, factoring companies like Paragon look at your customer’s ability to pay, not your personal credit. Receivables factoring provides you the working capital your company needs. To qualify for Factoring, you need:

  • Creditworthy Business Customers
  • Proof of Work Completed or Product Delivered
  • Operate as a Corporation
  • Decent Profit Margins
  • Copies of your Contracts, Agreements or Purchase Orders with your Customers
  • Revenues of $25,000-$10,000,000 per month
  • Invoices free of Tax Liens and other Encumbrances
  • No Open Bankruptcies

GET FAST FUNDING FOR CONSULTING FIRMS!

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

Money When Your Business Needs It Most!™

  • Get Cash Today

    Best Factoring CompanyGet the Cash You Need Today

    Just fill out this quick & easy form!

  • This field is for validation purposes and should be left unchanged.
Get Cash Today
  • Quick Contact Form
  • This field is for validation purposes and should be left unchanged.

Back to Top

Best Factoring Company

Get Started Immediately