Banks & Credit Unions
The Paragon “Yes” Program for Banks & Credit Unions…
Benefits for your Lending Organization:
- You never have to say “No” again to a Prospect or Client
- Increase your Client Retention Rate
- Increase your deposit growth even with Non-Bankable Clients
- Same day funding allows better management of Client NSF Fees
- Paragon can participate with your Bank and shoulder all Credit Risk
Paragon has special programs for bankers and credit unions to help with the non or under bankable client or prospect. More information about the program can be found here.
Target Clients
- Startups, Turnarounds, Bank Exiting and Non-Bankable Relationships
- Borrower’s Credit is not an issue, we focus on their Customer’s creditworthiness
- Client Concentration with Credit Insurance
- Government AR Expertise
- Growing Clients with sales of $30,000-$3,000,000 per month
- All Industries & All 50 States
Our Programs
- Invoice Factoring & Accounts Receivables Financing
- Credit Protection & Receivables Outsourcing
- Purchase Order Funding
- Government Contract Financing
- Trade Finance & Vendor Guarantees
What is Needed to get Started?
Our Simple & Secure Online Application plus Open AR & Purchase Order Reports
