Paragon Financial is a nationwide full service factoring company headquartered in Florida. Factor your receivables and improve cash flow without additional debt with our experts in invoice factoring, purchase order and accounts receivable financing.
Fort Lauderdale, FL– June 8, 2012: Paragon Financial Group (Paragon) announced that it has provided a $500,000 factoring line of credit to an area rug importer (Company) headquartered in Wilmington, DE. The facility will enable the company to take on larger retail clients and grow their business.
The start-up company imports a wide variety of area rugs and sells to large retailers in the United States, but needed cash to be able to pay their suppliers overseas while waiting for payment from their retailers. They looked into a variety of factoring companies and chose Paragon Financial for their experience in the import/export arena and their personable approach.
“This very young company was just beginning to grow, and got a big order from a large retailer,” said Michael Rossi, President of Paragon Financial Group. “Without factoring, they would not have had the cash they needed to take advantage of the opportunity and go forward. We’re pleased to play a small part in their success.”
With Paragon’s factoring line of credit, the Company will be able to pay their suppliers in a timely manner, and grow their business knowing they have the resources in place to take on larger contracts.
ABOUT PARAGON FINANCIAL GROUP
For over 18 years, Paragon Financial Group has provided working capital solutions for growing companies throughout the U.S. They serve small to large-size companies across a wide variety of industries through accounts receivable, invoice factoring,and purchase order financing up to $3 million per month in volume. Paragon is a leading source for receivables financing, government contract financing, payroll funding, and purchase order financing. For more information visit www.paragonfinancial.net.
How Vendor Guarantees Work
For over 18 years, Paragon Financial Group has provided working capital solutions for growing companies throughout the US. They serve small to large-size companies across a wide variety of industries through accounts receivable, invoice factoring and purchase order financing up to $3 million per month in volume. Paragon is a leading source for receivables financing, government contract financing, payroll funding, and purchase order financing. For more information visit www.paragonfinancial.net.
Financing a Large Equipment Reseller in Miami Florida
For over 18 years, Paragon Financial Group has provided working capital solutions for growing companies throughout the US. They serve small to large-size companies across a wide variety of industries through accounts receivable, invoice factoring and purchase order financing up to $3 million per month in volume. Paragon is a leading source for receivables financing, government contract financing, payroll funding, and purchase order financing. For more information visit www.paragonfinancial.net.
Entrepreneur Turns to Factor for Crucial Funding
For over 18 years, Paragon Financial Group has provided working capital solutions for growing companies throughout the US. They serve small to large-size companies across a wide variety of industries through accounts receivable, invoice factoring and purchase order financing up to $3 million per month in volume. Paragon is a leading source for receivables financing, government contract financing, payroll funding, and purchase order financing. For more information visit www.paragonfinancial.net.
