Maintenance

Invoice Factoring & Receivable Financing For Maintenance Companies

Paragon Financial gets you the necessary cash your maintenance company needs today. We understand that waiting 30-90 or more days for payment of an invoice may result in working capital issues, not allowing your company to grow and take on larger opportunities. Through our factoring programs, you will have the money to meet payroll, grow your company, and pay suppliers. For example, Paragon worked with a property maintenance startup for commercial real estate buildings and major retailers. Services include parking lot sweeping, porter service, painting, janitorial, and pressure cleaning. The company had a great opportunity to start fulfilling a large contract with Wal-Mart. The business began to struggle with payroll funding, which is not uncommon as large retailers can often take months to pay. Paragon tailored a payroll funding program through an accounts receivable factoring line. They were able to resolve their payroll issues and with profitability fulfilled their contract with Wal-Mart.

Money When Your Business Needs It Most!™