Registering to be a Government Contractor

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Contractor financingAt Paragon Financial, we have been funding government contractors for over 20 years.  We are one of the few factoring companies that will work with the government and we do it on the federal, state and local levels.  Other factoring and finance companies simply don’t have the resources and knowledge in order to successfully navigate through the government red tape.      We understand the complexities of FAR and leverage the Department of Defense’s iRapt.

Federal, state and local governments offer you the opportunity to sell billions of dollars worth of products and services. Many government agencies require that some percentage of their procurements be set aside for small businesses.  Click on the link below from the SBA and follow these easy steps to certify your business as small and obtain the registrations you need to begin bidding on government proposals.

Invoice Factoring and PO Funding For Washington DC Businesses

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Washington DC factoringInvoice factoring and PO funding for Washington DC government contractors is available today.   Typically the factoring of government receivables is not offered by banks and factoring companies.  With 20 years of experience, Paragon Financial understands how to work through the government bureaucracy of local, state and federal agencies.   We possess deep knowledge of the Federal Acquisition Regulation (FAR) and being paid through programs like iRAPT formerly WAWF.

Paragon’s DC government contract clients receive benefits from our Financial Capability Certification Program.  This program provides customers with contingent financing commitments so that they can demonstrate to U.S. Government contracting officers that they possess the financial wherewithal to execute on contract awards. This results in our customers winning more, and larger, contract awards.

Paragon Financial is registered in The System for Award Management (SAM) and is compliant with the Assignment of Claims Act. Paragon Financial has factored federal government receivables from most departments and agencies, as well as working closely with many of the largest Prime Contractors and the DOD.

Tap into Paragon’s 20 years of experience providing Washington DC government contractors working capital through accounts receivable and purchase order financing with credit protection and AR management.   Give us a call at 202-821-4799 today, fill-out the form to the right or chat with us.

Are Bank Loans Available Again?

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Business Bank LoansFor five years, U.S. consumers have been undergoing a massive debt reduction: Paying off credit cards, paring back spending and building up funds for a rainy day. Investors, though, have been looking to see whether Wall Street banks are lending for a positive sign that the economic recovery is picking up steam.

Last week, investors got a sign—though not quite as positive as they may have hoped. For banks like JPMorgan Chase and Bank of America—which each reported “core” loan growth in the single-digit percent range—the uptick in borrowing came from high net-worth clients in their brokerages, not from the consumer banks.

“Households have focused on improving their financial position, even with historically low interest rates,” said Marty Mosby, director of bank equity strategies at Vinings Sparks Asset Management.

Loan balances serve as a barometer of consumer sentiment: It takes confidence in one’s job security and personal finances to borrow for a big purchase or a new venture. Data from the third quarter showed wealthier clients tended to have more of that confidence.

At JPMorgan, consumer loan balances were $391 billion in the third quarter—barely budging from the same quarter a year ago, while average loans in the bank’s asset management unit rose 15.4 percent.

Bank of America reported consumer loans down 3.5 percent from the same period a year ago. While some of the decrease is attributed to legacy loans the bank is allowing to run off, Wells Fargo analyst Matt Burnell noted BofA’s “challenged” growth with “weakness across commercial loans and most consumer categories.”

Meanwhile, Bank of America’s Merrill Lynch Wealth Management reported loan growth up 8 percent.

The results of other banks are roughly in line with this trend, though it’s not as apples-to-apples:Citigroup’s data only reflect consumer borrowing, while Morgan Stanley’s only reflect that of non-retail brokerage clients.Wells Fargo’s brokerage is still in its early stages of growth.

Federal Reserve data available on a weekly basis have shown a strong pickup in consumer loans— 6-plus percent growth over 2013— since June. The data, however, don’t reflect the disparity between borrowing bases. At a conference in Boston Friday, Fed Chair Janet Yellen said, “The extent of and continuing increase in inequality in the United States greatly concern me.”

Still, even as the banking industry awaits a broad-based recovery for consumers, firms saw more trading activity, higher earnings on deal advisory and a swelling base of fee-earning client assets. With loan growth for everyday consumers, they’d be firing on all cylinders.

Kayla Tausche,

Notification Invoice Factoring Can Help Strengthen Your Relationship with Your Customers

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Accounts Receivable non-notification factoringIs it good business to let your customers know that you are utilizing invoice factoring to extract the working capital from your accounts receivables, and that they should pay the invoice to your factoring firm? We 100% believe it is.

Some business owners are concerned about letting their customers know that they have factored their accounts receivables. These owners may feel that, “If my customers find out that I’m factoring my receivables, they might think that my company is having financial problems.”

In our experience, this turns out not to be the case. First, customers with strong accounts payable departments understand that their vendors will be factoring their invoices. That’s especially true in industries where factoring has been traditional for many years. These customers understand that invoice factoring provides cash flow for working capital needs.

Indeed, when done properly, notification invoice factoring enables your factoring provider to become part of your team – your partner – in working with and servicing your customers.

Total Accounts Receivable (AR) Management

At Paragon Financial, we have a long tradition of working well with our clients’ customers.  We provide a full range of services to our clients that we call the Paragon Total AR Program. That includes managing the credit protection, collections and cash advances for clients receiving payment to us on their behalf from many of the largest and most well-run companies such as Wal-Mart, Comcast, Neiman-Marcus, Time-Warner, and AT&T, to name just a few.

In providing this full service AR management, Paragon stands out as a superior service provider. For example, fewer than 20% of invoice factoring firms utilize credit insurance. That’s because such insurance is expensive and many factors do not meet the stringent requirements of the credit insurance providers. Even more important, as an entrepreneurial firm like our clients, we understand that credit protection and safety will result in the best likelihood of long-term survival and growth.

Throughout our 20-year history, Paragon has been able to develop strong relationships with our clients’ customers – indeed, to have helped strengthen the underlying relationships between our client and their customers.  Paragon’s famous “soft touch” with account debtors (our client’s customers) is known throughout multiple industries.

We deal with you and your clients in a courteous and professional manner.  Paragon Financial is famous for its soft touch with ‘account debtors’.  We verify that the invoices are in your client’s accounts payable system with the proper documentation, so that they will be paid in a timely manner. In fact, most of our clients find that, in addition to the main benefits of increased cash flow and credit protection, their customers tend to pay faster because billing and entry errors are reduced.

Furthermore, we do not act as a collection agency that hounds companies for bad debts. We manage, protect and advance only against solid invoices from reputable and creditworthy companies. It’s as simple as this: If we do not make your customers happy, we do not get to manage your accounts receivable the next time.

Bottom Line

Notification factoring can add a positive component to your relationship with your customers. A highly reputable factoring firm can offer benefits to both you and your customers. When your factoring firm does its job efficiently and with respect for your customers, notification can strengthen your relationship with them. Working with such a factoring firm, you will benefit from that stronger relationship.

Financing for Big-Box Retailer Suppliers

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vendor Retailer financingHow many entrepreneurs watch Shark Tank and wish they could go from rags to riches overnight?  The sharks dangle their deep pockets and connections with the “Big Box” retailers as the prize everyone wants to attain.  Clearly, a partnership with a “shark” provides the dream contacts and funding every entrepreneur longs for.  Yet, the vast majority of small business owners grow by their own devices.  Contacts with the giants, such as Walmart, Target, Sears, Costco. Kohl’s, Staples, Office Depot. Toys “R” Us and Michael’s  are more often established by persistently marketing products or lines of products to corporate buyers.  Assuming the contact is successful, huge purchase orders can ensue at a lightening pace.

The step up from modest production to huge purchase orders can represent a considerable challenge for a growing business.  Owners must adapt overnight from running  a small business to managing a medium sized business.  They find themselves needing to purchase more raw materials, hire additional staff and purchase equipment or find a way to outsource their production.  The need for funding can become enormous as soon as the contract is signed with the “big box” retailer.  Often, these suppliers are in a startup stage and have not established credibility to borrow such significant sums from traditional bank financing.  They are essentially moving from one phase of business development to the next overnight but are not able to show traditional lenders the track record required to borrow such significant sums.

Purchase order funding can offer an appropriate source of working capital for the small business to make the leap into larger transactions.  Money is advanced based on either a single or multiple purchase orders and advances are made based on the creditworthiness of the purchaser rather than the supplier.  Suppliers without established credit or with credit issues (sometimes even IRS issues) can receive working capital up front to fulfill their newly acquired orders.

Accounts Receivables from large retailers such as Best Buy, JC Penney, Books-A-Million, Bed Bath and Beyond, Old Navy, Petsmart and other superstores can be notoriously slow.  Up front terms of 60 days or more are common.  This lag in collections can cause a serious deficit in liquidity, especially if additional orders are being received.  Pressure to reinvest in future sales creates a serious need for working capital.

Accounts receivable factoring can provide an additional source of working capital.   The factoring company purchases the actual receivables from the supplier and advances a percentage of funds up front (up to 95% of the balance) based on the strength of the retailer, rather than the supplier.  The availability of the funds can fuel the next round of inventory production, rather than waiting for the collection process to take place.

Paragon Financial specializes in managing liquidity in today’s competitive environment. We offer 20 years of experience providing funding for working capital needs by advancing on accounts receivable and purchase orders.   Give us a call at 888-400-5931 today, fill-out the form to the right or chat with us.

Meeting Payroll for the Security Guard Staffing Industry

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Payroll for Security Guard Staffing AR FactoringThe Security Guard Staffing industry as a whole is responding to changing times in our country. Many guards are expected to perform a wider variety of duties in addition to their primary function of safety. There is a greater demand for specialized services, both in monitoring the remote systems and understanding specific needs for different industries, such as public schools, energy and chemical to government security. Training and skills levels have improved due to the influx of former law enforcement officers who have been displaced by dwindling public funding.

Staffing agencies providing the guards face their own business challenges. Agencies must meet payroll and expansion needs while awaiting collection from their customers, creating a gap in liquidity. Banks are not always the most appropriate sources of working capital for service companies as they often focus on the personal assets of the owners.

Paragon Financial Group has been offering payroll funding through accounts receivable factoring for security guard service companies for over 20 years. Funds are advanced at a discounted rate, based on the quality of your receivables, to help meet payroll and expansion needs. This source of working capital can help ease liquidity pressure for growing staffing companies, even offering same day payroll funding.

At Paragon Financial, we understand your specific industry needs. Give us a call at 888-400-5931 today, fill-out the form to the right or chat with us.

Financing for Hardware Suppliers and Vendors

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Hardware supplier financingAmericans are embracing home improvement projects with expenditures achieving double digit gains for the first half of 2014. Informational television is increasing the scope of homeowner’s projects, with HGTV as one of the most watched networks for weekend viewers. Consumers are being motivated to invest in their homes both through do it yourself and professional home improvements. As the public holds onto homes for longer periods of time, they have graduated from simpler repairs to more encompassing renovation projects. This trend is borne out by the steadily increasing revenues of Ace Hardware, Lowe’s, The Home Depot, Menards, True Value and the hardware industry as a whole.

The longer the “honey do” list, the more need for hardware goods and services. Greater public awareness of the most popular projects can cause more frequent demand changes. Such factors as multigenerational housing, ecofriendly designs and downsizing are all causing innovation in products and services. Flexibility in the midst of growth can cause management challenges. There are seasonality issues to deal with as well and demand can vary greatly at times. Conventional bank financing may not be the most appropriate source of funding for companies in our industry.

Purchase order funding can offer an opportunity to receive working capital up front for a single large order or multiple orders. The funds can be accessed as a single transaction or a line of credit without the same credit scrutiny that banks require, as approval is based more on the creditworthiness of the purchasing company. This could allow you to take advantage of the strength of your customers and can be a good source of additional working capital.

Accounts receivable factoring can provide a similar source of working capital. The factoring company actually purchases the invoice from the supplier at a discount (advances can be up to 95%), providing funds up front rather than waiting for the collection process. Again, this will be largely dependent on the creditworthiness of your purchasers.

Paragon Financial specializes in managing liquidity in today’s competitive environment. We offer 20 years of experience providing funding for working capital needs by advancing on accounts receivable and purchase orders.   Give us a call at 888-400-5931 today, fill-out the form to the right or chat with us.

Vendor Financing for Food Service Suppliers

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AR financing food serviceFor over 20 years Paragon Financial has been providing working capital to food manufacturers, distributors and service providers when business loans have not been possible.   We provide working capital to these vendors needing to close on important deals, get cash quickly from AR, and meet payroll through accounts receivable financing, purchase ordering funding and credit protection.    Paragon positions themselves as industry partners and continues working with  clients once they are funded to help ensure success.  Many of our food service providers work for the top restaurant groups in the U.S.

Below are the top 15 hottest restaurants according to Kantar Retail.

Ignite Restaurant Group / Houston, TX

Wingstop Restaurants / Richard, TX

Chipotle Mexican Grill / Denver, CO

Jimmy John’s / Champaign, IL

Jersey Mike’s / Manasquan, NJ

Noodles & Company / Broomfield, CO

Firehouse Subs / Jacksonville, FL

Buffalo Wild Wings / Minneapolis, MN

Chick-fil-A / Atlanta, GA

Texas Roadhouse / Louisville, KY

Panda Restaurant Group / Rosemead, CA

Zaxby Franchising / Athen, GA

BJ’s Restaurants / Huntington Beach, CA

Starbucks / Seattle

Dunkin’ Brands / Canton, MA

Need working capital today? Give us a call at 888-400-5931, fill-out the form to the right or chat with us.

Accounts Receivable Financing vs Business Loans for the Oil and Gas Industry

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Oil Gas Accounts Receivable Financing(AR)What do Texas, Colorado, Oklahoma, West Virginia, Wyoming and North Dakota have in common? They were all recently named as six of the top 10 fastest growing states in the country and all of them can name domestic oil and/or natural gas production as a big part of their success. These states join Alaska and California in fueling our country. Domestic energy production is making a serious impact on the nation’s economy. Cheaper and more available energy may even help bring back manufacturing jobs to the country. America is returning to our roots by using the resources we have to achieve success. Thomas Edison once wrote “The reason a lot of people do not recognize opportunity is because it usually goes around wearing overalls looking like hard work.”

The growth of these industries is positively changing the business environment. The prosperity is expanding to a huge group of support industries such as water haulers, frac sand haulers, roustabouts, vacuum trucks, environmental clean up, excavating / dirt work, tank cleaners, pressure washing, component manufacturers, inspection services, flowback testing, gravel pit suppliers and rig movers. All of these providers are experiencing the pros and cons of growth in their companies in a new environment. These operators are excellent at providing the support services and have valuable technical skills but may not be accustomed to the demands of managing cash and business operations during the rapid growth they are experiencing. Success can cause some unexpected challenges, especially when their sales are growing but their cash seems to always be short. Business owners may find that slowly collected billing is tying up their working capital, yet most are not interested in having their own financing department.

As we have all been told repeatedly, banks are tightening their credit standards due to substantial losses and tighter government regulations. There was even a period of credit freezes. This is happening at the exact time the domestic energy providers and their suppliers have a growing need for cash. Business loans are no longer be a good fit for these companies.

Paragon Financial provides an alternative to business loans based on the oil and gas suppliers accounts receivable. This means the supplier gets cash immediately without having to wait for the customer to pay. Paragon also works with companies that have IRS issues, client concentration or with start-up companies. They are also one of the few factoring companies to provide credit protection reducing risk for their clients.

At Paragon Financial we have been funding oil and gas vendors for over 20 years. We understand your specific industry needs.   Give us a call at 888-400-5931 today, fill-out the form to the right or chat with us.

Is a Merchant Cash Advance Bubble Coming?

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Merchant cash advance resellerWe all know small business bank loans have dried up and are extremely difficult to obtain since the Great Recession of 2008.  Small business has become increasingly desperate to find short-term cash-flow solutions. Because of their ease of obtaining and loose credit requirements, Merchant Cash Advance (MCA) lenders have stepped in and filled the demand.   These types of loans have been very profitable for the lenders. Wall Street has funneled billions of dollars into the products because of high yields in a low yield environment. As a result, new merchant cash advance lenders are cropping up almost on a daily basis saturating the marketing place.  Many of these lenders are not profitable and loans losses are huge. A word of warning for brokers. You might be making a commission now, but very soon you may be seeing your own cash flow evaporate as quickly as it came.

With the limited funding options available for U.S. small business we are seeing an increased number of entrepreneurs using MCA’s for more than just a short-term cash crunch.  Very similar to payday loans for consumers, this type of loan does not solve long-term cash-flow solutions.  A big reason is the hefty price being paid. Entrepreneurs are paying around 60-150% by the time an MCA is paid off!

Small businesses are trapped relying on these loans. At the same time, lenders are not mitigating risk and are focusing on quantity vs the quality of the borrower.  With the increased lending to risky borrowers we are starting to see an increase in defaults. As defaults start to become more prevalent a dramatic decline of MCA’s availability will occur.  Investors will no longer see MCA’s as being viable.  Companies that became reliant on these loans will default in mass and the cycle of collapse will be complete. This type of bust will be very similar to what happened in the sub-prime mortgage industry.

To make matters worse for MCA resellers, many lenders require brokers take partial liability on loans they arrange. This makes the pending bubble particularly painful for brokers.  The good news for MCA resellers and brokers is there are profitable, less risky long-term lending solutions for small business. Factoring companies such as Paragon Financial have a two-decade long presence in small business funding working to cultivate, educate and support their brokers.    Paragon offers brokers long-term financial security.

MCA lenders are creating a potential disaster for you as a broker. Paragon Financial’s broker program gives you options MCA’s do not offer. We offer credit protection with every factoring program, we can fund companies with tax issues, client concentration issues and select start-ups. Paragon knows how to mitigate risk and we are in this long-term.

Diversify out of the merchant cash advance business now before it’s too late.

For more information on our broker program visit or contact contact Chris Curtin, Nation Sales Manager, 800-897-5431 Ext. 221

Brokers: Paragon Financial’s Unique Selling Propositions

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Factoring Company USPsWhat is a Unique Selling Proposition (USP)? A USP is how you differentiate yourself from your competition. We are sure you have your own USP to help your company stand out and close more deals. Here is Paragon’s Unique Selling Proposition, which we hope you can utilize within your sphere of influence.

What is Paragon’s Unique Selling Proposition?

1. We credit protect you. Why is this important and how does it separate Paragon from other AR factoring companies? Less than 20% of invoice factoring companies utilize credit insurance. Why so few? It is expensive and many invoice factors do not meet the stringent requirements of the credit insurance providers. Most importantly, Paragon being entrepreneurial like our clients see that safety and the ability to live to fight another day is paramount.

2. We can work with tax issues. Many companies deal with tax issues because of their accounts receivable going bad (See #1).  We have expertise in funding clients with both unpaid back taxes and tax liens in place.

3. We can handle client concentration. Most factoring companies cannot work with clients whose sales are concentrated in only 1 or 2 clients. At Paragon we have many clients where 100% of their sales are to one large company. We understand your relationship with your clients is critical and we work in a cordial and professional way with your customers that strengthens your relationship and improves cash flow.

4. We fund start-ups. Twenty years ago, Paragon was once a start-up and we understand the unique challenges you face on a daily basis. As long as the principals have industry expertise and the company sales can get to $25k/month relatively quickly, Paragon can help.

5. We like Government Receivables. Many banks and accounts receivable funders specifically exclude Government Receivables from availability. We understand the Federal Acquisition Regulation (FAR) and the culture of dealing with and getting paid by the Government. In addition, we know one of the best ways to grow your business is through sales to Government entities and we want to be there for your company’s working capital needs.

6. Paragon is lean and entrepreneurial just like our clients and has been for 20 years. With only a few decision makers at Paragon, we quickly get you the critical working capital your business needs. We can truly fund fast and understand your situation and industry. That 20 years of solid history gives our clients and referral sources a sense of comfort. Paragon has the deep resources and will always be there for you!

For  20 years, Paragon Financial Group has provided working capital solutions for growing and non or under-bankable companies throughout the United States.

For fast funding or more information, please contact Chris Curtin, Nation Sales Manager, 800-897-5431 Ext. 221

The Largest Factoring Transaction in History!

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best-factoring-companyHere is a huge factoring agreement worth mentioning.  Russian company Gazprom Energoholding has completed a factoring transaction totaling $377,000,000 US.

The factoring agreement was based on construction work on a combined heat and power plant.  The transaction was structured in two months. The debtor is Inter RAO Capital (a subsidiary of Inter RAO). The factoring company has provided financing of 100% of the assigned receivable without recourse.

“This is Gazprom Energoholding’s first experience of using factoring. The speed at which the transaction was completed was really impressive, and we hope that factoring solutions will be useful for companies in our group in future,” said Evgeny Zemlyanoy, Deputy General Director for Economics and Finance at Gazprom Energoholding.

“For the VTB Factoring team and for me personally, this transaction is a historic event. We have completed the largest public transaction in global factoring history by amount of one-time financing. It is also the largest transaction by portfolio size for the Russian factoring market”.

Anton Musatov, VTB Factoring CEO

2013′s Top 100 Beverage Companies

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financing beverage companyAre you a supplier, importer or distributor of a one of the top 100 beverage companies below? Did you know Paragon Financial funds your industry with working capital to help close important deals and keep your operations running smooth.  We offer multiple funding programs such as invoice factoring, PO fundingar management and credit protection.   Are you a beverage company with IRS issues, a start-up, client concentration and other challenges to obtaining the proper cash-flow?

At Paragon Financial we have been funding beverage companies for over 20 years. We understand your specific industry needs.   Give us a call at 888-400-5931 today, fill-out the form to the right or chat with us.

Rank Company Location Product Mix 2013 Sales(in U.S. $ Millions)
1 The Coca-Cola Co. Atlanta Soft Drinks, Water, Sports Drinks,Juice/Juice Drinks, RTD Tea/ Coffee,Energy Drinks, Liquid Concentrates, Dairy-based Drinks 46,854
2 Anheuser-Busch InBev Leuven, Belgium Beer, Hard Cider 43,195
3 PepsiCo Inc. Purchase, NY Soft Drinks, Sports Drinks, Water,Energy Drinks, Juice/Juice Drinks,RTD Tea/Coffee 31,879
4 Nestle SA Vevey, Switzerland Coffee, Water, Juice/Juice Drinks,RTD Tea/Coffee, Energy Drinks,Sports Drinks, Dairy-based Drinks,  Beverage Mixes, Liquid Concentrates 30,636
5 Heineken N.V. Amsterdam Beer, Hard Cider, Spirits, Wine,Soft Drinks 26,393
6 Diageo London Spirits, Wine, Beer,Flavored Malt Beverages 25,617
7 SABMiller PLC London Beer, Hard Cider, Soft Drinks, Spirits, Wine 23,213
8 Suntory Holdings Ltd. Tokyo Beer, Juice/Juice Drinks, RTDCoffee/Tea, Soft Drinks, Spirits,Wine 15,991~
9 Pernod Ricard Paris Spirits, Wine 11,785
10 Starbucks Corp. Seattle Coffee, RTD Tea/Coffee, Juice/Juice Drinks, Tea, Water 11,467
11 Red Bull GmbH Fuschl Am See, Austria Energy Drinks 6,927*
12 Unilever Group London Tea, RTD Tea, Coffee 6,438
13 Dr Pepper Snapple Group Plano, TX Soft Drinks, Water, Juice/JuiceDrinks, RTD Tea, Energy Drinks,Dairy-based Drinks, Energy Drinks 5,997
14 Mondelez International Deerfield, IL Coffee, Beverage Mixes, Tea 5,830
15 LVMH Moet Hennessy Louis Vuitton Paris Sprits, Wine 5,755
16 Danone Group Paris Water, Dairy-based Drinks 5,364+++
17 Constellation Brands Inc. Victor, NY Beer, Wine, Spirits 4,868
18 Bacardi Ltd. Hamilton, Bermuda Spirits 4,777*
19 Molson Coors Brewing Co. Denver/Montreal Beer 4,206
20 Ito En Group Tokyo Tea, RTD Tea/Coffee, Water, Juice/Juice Drinks, Soft Drinks, Sports Drinks, Beverage Mixes 3,834
21 Brown-Forman Corp. Louisville, KY Spirits, Wine 3,784
22 D.E. MasterBlenders 1753 Amsterdam Coffee, Tea 3,637
23 E. & J. Gallo Winery Modesto, CA Wine, Spirits 3,600*
24 Green Mountain Coffee Roasters Waterbury, VT Coffee, Tea 3,187
25 Kraft Foods Group Inc. Northfield, IL Coffee, Tea, Juice/Juice Drinks,Beverage Mixes,Liquid Concentrates 2,681
26 Monster Beverage Corp. Corona, CA Energy Drinks/Shots,Juice/Juice Drinks, RTD Tea,Soft Drinks, Water, Beverage Mixes, Protein Drinks 2,587
27 Beam Inc. Deerfield, IL Spirits, Wine 2,547
28 WhiteWave Foods Co. Denver Dairy-based Drinks/Alternatives 2,500+
29 J.M. Smucker Co. Orrville, OH Coffee, Juice/Juice Drinks 2,307#
30 Britvic PLC Hemel Hempstead, England Juice/Juice Drinks, Soft Drinks, Liquid Concentrates, Energy Drinks, Sports Drinks, Water 2,187
31 Davide Campari Milan Spirits, Wine, Soft Drinks 2,095
32 Cott Corp. Mississaugua, Ontario / Tampa, FL Soft Drinks, Water, Juice/Juice Drinks, RTD Tea, Energy Drinks/Shots, Sports Drinks 2,094
33 D.G. Yuengling & Son Inc. Pottsville, PA Beer 1,692*
34 Treasury Wine Estates Southbank, Australia Wine 1,570
35 Niagara Bottling LLC Ontario Water 1,256*
36 AriZona Beverage Co. Cincinnati RTD Tea, Juice/Juice Drinks, Sports Drinks, Energy Drinks/Shots, Liquid Concentrates 1,250*++
37 Ocean Spray Cranberries Inc. Lakeville-Middleboro, Mass. Juice/Juice Drinks 1,213
38 Living Essentials LLC Farmington Hills, MI Energy Shots 1,100*
39 The Wine Group San Francisco Wine, Spirits 1,048*
40 Glanbia PLC Kilkenny, Ireland Sports/Protein Drinks, Energy Drinks/Shots 1,000##
41 Viña Concha y Toro S.A. Santiago, Chile Wine 907
42 Campbell Soup Co. Camden, NJ Juice/Juice Drinks 742^+
43 The Boston Beer Co. Inc. Boston Beer, Flavored Malt Beverages, Hard Cider 739
44 Freixenet SA Barcelona, Spain Wine 700
45 National Beverage Corp. Ft. Lauderdale, FL  Soft Drinks, Water, Juice/Juice Drinks,Energy Drinks 662
46 Rockstar Inc. Las Vegas Energy Drinks 658
47 C&C Group PLC Dublin Beer, Hard Cider 657
48 Trinchero Family Estates St. Helena, CA Wine 638*
49 Florida’s Natural Growers Lake Wales, FL Juice/Juice Drinks 613*
50 Ste. Michelle Wine Estates Woodinville, WA Wine 609
51 Welch’s/Natural Grape Cooperative Association Concord, MA Juice/Juice Drinks 609+
52 Kendall-Jackson Wine Estates Ltd. Santa Rosa, CA Wine 533*
53 Farmer Bros. Co. Torrance, CA Coffee, Tea 510
54 Pabst Brewing Co. Los Angeles Beer 506*
55 North American Breweries Rochester, NY Beer, Flavored Malt Beverages 482*
56 Cytosport Benicia, CA Sports Drinks 454*
57 Peet’s Coffee & Tea Inc. Emeryville, CA Coffee, Tea 446*
58 Roll Global Los Angeles Juice/Juice Drinks, Water, RTD Tea/Coffee 432*
59 Tata Global Beverages Ltd. West London, U.K. Tea, Coffee, Water 394
60 Mark Anthony Brands Vancouver, B.C. Wine, Beer, Flavored Malt Beverages 390^
61 Banfi Vintners Old Brookville, NY Wine 380
62 Sunny Delight Beverages Co. Cincinnati Juice/Juice Drinks, Water 372
63 TalkingRain Beverage Co. Preston, WA Water 350
64 Caribou Coffee Minneapolis Coffee, Tea 340*
65 Tampico Beverages Inc. Chicago Juice Drinks 336*
66 Terlato Wines International Lake Bluff, IL Wine 332*
67 Bronco Wine Group Ceres, CA Wine 321*
68 SodaStream International Ltd. Airport City, Israel Liquid Concentrates 318^^
69 Apple & Eve LLC Port Washington, NY Juice/Juice Drinks 250*
70 Vita Coco New York Juice/Juice Drinks 250*
71 Vital Pharmaceuticals Weston, FL Energy Drinks, Sports Drinks/Shots 238*
72 Jamba Inc. Emeryville, CA Juice/Juice Drinks, Tea 229
73 Tree Top Inc. Selah, WA Juice/Juice Drinks 200*
74 Langer Juice Co. Inc. City of Industry, CA Juice/Juice Drinks 195*
75 Craft Brew Alliance Inc. Portland, OR Beer 192
76 Carolina Beverage Corp. Salisbury, N.C. Soft Drinks 187*
77 Sierra Nevada Brewing Co. Chico, CA Beer 187*
78 New Belgium Brewing Co. Fort Collins, CO Beer 182*
79 Big Red/All Sport Austin, TX Soft Drinks, Sports Drinks 179
80 Heaven Hill Distilleries Inc. Bardstown, KY Spirits 178*
81 Old Orchard Brands Sparta, MI Juice/Juice Drinks 156*
82 R.C. Bigelow Inc. Fairfield, CT Tea, RTD Tea 150*
83 Marchesi De’Frescobaldi Tuscany, Italy Wine 145*
84 Red Diamond Inc. Birmingham, AL Coffee, Tea 144*
85 Phusion Projects LLC Chicago Flavored Malt Beverages 141*
86 American Beverage Corp. Verona, PA Juice/Juice Drinks, Spirits 135
87 Stone Brewing Co. Escondido, CA Beer 121+
88 Turkey Hill Dairy Lancaster County, PA Tea, RTD Tea 121*++
89 The Gambrinus Co. San Antonio Beer 115*
90 The Hain Celestial Group Lake Success, NY Tea, RTD Tea/Shots, Juice/Juice Drinks, Dairy-based Drinks 110++
91 Lifeway Foods Morton Grove, IL Dairy-based Drinks/Alternatives 109+
92 Lagunitas Brewing Co. Petaluma, CA Beer 94*
93 Brooklyn Bottling Milton, NY Soft Drinks, Juice/Juice Drinks 90
94 Don Sebastiani & Sons International Sonoma, CA Wine 88*
95 Deschutes Brewery Inc. Bend, OR Beer 80
96 Kasapreko Co. Ltd. Accra, Ghana Spirits 80
97 Milo’s Tea Co. Inc. Bessmer, AL Tea, RTD Tea 78*
98 Sun Orchard Inc. Tempe, AZ Juice/Juice Drinks, Beverage Mixes 75
99 Crystal Rock Holdings Watertown, CT Water, Coffee 71
100 Bell’s Brewery Inc. Galesburg, MI Beer 55*


+ Includes all operating units

# Coffee sales only

++ Tea sales only

+++ Bottled water sales only

~ Excludes wines

## Global Performance Nutrition division

^^ Consumables sales only

^+ U.S. beverage sales only

^ Mike’s Hard Lemonade sales only

Source –

Invoice Factoring for Suppliers to the Top US Companies

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Invoice factoring for the top us companiesInvoice factoring can be the perfect working capital solution and doing business with the top U.S. companies.  Invoice Factoring is a form of Accounts Receivable (AR) management. Every Fortune 1000 company in the world utilizes it as a tool (HP factored $2 billion in AR 1st quarter 2014) or pays the factoring company of their vendors, suppliers and service providers.

We currently manage the AR credit protection, collections and cash advances for clients receiving payment to us on their behalf from Wal-Mart, Comcast, Neiman-Marcus, Textron, Time-Warner, AT&T, the US military and many state/local/city governments, just to name a few.

The large U.S. companies below are just a small sampling of companies you can be a supplier for and at the same time work with Paragon Financial’s invoice factoring cash flow programs that help your business succeed.

At Paragon Financial we have been funding for over 20 years. We understand your specific industry needs.   Give us a call at 888-271-9347 today, fill-out the form to the right or chat with us.

Wal-Mart Stores
Exxon Mobil
General Motors
General Electric
Valero Energy
Ford Motor
Fannie Mae
CVS Caremark
Verizon Communications
UnitedHealth Group
J.P. Morgan Chase & Co.
Cardinal Health
International Business Machines
Bank of America Corp.
Costco Wholesale
Express Scripts Holding
Wells Fargo
Archer Daniels Midland
Procter & Gamble
Prudential Financial
Freddie Mac
Marathon Petroleum
Home Depot
American International Group
Johnson & Johnson
State Farm Insurance Cos.
United Technologies

Paragon Factor School Webinar

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factoring training educationWant to learn how to be become a factoring broker or financial intermediary or perhaps you would like to sharpen your skills?   Come join us this Friday the 20th of June for a hard-hitting, information packed webinar on how to get and close more factoring deals.

Learn about PO Funding, Invoice Factoring and how to differentiate yourself with credit protection, funding tax issues and much more.


Topics covered include:

  • Networking with referral sources
  • How to generate leads through your own website
  • How to quickly size up a deal and place it at the correct funder
  • Know the difference between PO funding and Invoice Factoring
  • Using Credit Insurance as a Marketing Tool
  • Using tax issues as a Marketing tool
  • Know invoice factoring terms and important points
  • 1 hour intro to being a factoring broker from 8:30-9:30am