The Largest Factoring Transaction in History!

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best-factoring-companyHere is a huge factoring agreement with mentioning.  Russian company Gazprom Energoholding has completed a factoring transaction worth $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 888-271-9347 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


The Paragon Total AR Management Program

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ar managementInvoice 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 invoice 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.

Remember, you have outsourced the management of your AR to Paragon. We will deal with you and your clients in a courteous and professional manner. Our job is to verify the invoices are in your client’s AP system with the proper documentation so they are paid in a timely manner. Most of our clients find 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.

In addition, we are not a collection agency hounding companies for bad debt. We only manage, protect and advance against solid invoices from reputable and credit-worthy companies. If we do not make your customers happy, we do not get to manage your AR. You will have one and only one college educated relationship manager assigned to your account with 10+ years of experience. Paragon is famous for our “soft touch” with account debtors (your clients).

Give us a call at 888-271-9347 today, fill-out the form to the right or chat with us.


Lighting and Energy Conservation Factoring Case Study

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Leading factoring companyShedding New Light on an Old Relationship

Client: Lighting Company

Industry: Lighting and Energy Conservation

Situation: Located in Boston, MA, this forward-thinking company provides cost-effective turnkey lighting solutions from design through installation and ongoing service. Working for commercial, industrial and utility markets, each project is a huge, labor-intensive undertaking, and they relied on invoice factoring to finance payroll. They had been working with Paragon Financial on a steady basis until they perceived a need to move toward a more traditional finance relationship, but we kept in touch. After four years with another finance company, the Company called Paragon and asked to come back “home.” The relationship with the other finance company had soured. What’s worse, the finance company looked like they were going to go out of business and couldn’t fund any longer. The Company needed to get out of a bad situation quickly.

The Solution: Paragon Financial immediately responded with a $1.5 million invoice factoring deal, working under tight time constraints to get the other finance company paid off. Though being familiar with the Company made it easier, we still had to do the buyout agreement, get all the contracts signed and do all the verifications within five days. We worked around the clock and got it done on time.

Result: With a new, reliable source of working capital in place, the Company was able to fund payroll and continue taking on new projects without a single hiccup.

“Having a customer return after four years demonstrates the strength of the relationships we develop. They were comfortable with our people and happy with our flexibility, which made it easy for them to return,” said Michael Rossi, president of Paragon.

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.


Why Paragon Financial is one of the Leading Factoring Companies

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Leading factoring companiesParagon Financial is one of the leading factoring companies in the U.S.   Here are six of the many reasons why:

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!

Green Energy Factoring

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green renewable financingRenewable green energy is growing rapidly.     Jobs are up 14% between 2012 and 2013 with the largest employers by sector; solar photovoltaic, biofuels, wind, modern biomass, and biogas.  Alternative energy has become an important component in the power generation globally and in the U.S.

With the growth of green energy comes profitable opportunities for the entire suppler chain.   With these opportunities also comes upfront expense. Funding becomes crucial for companies to take on new clients, new projects.  Working capital is needed for payroll, raw material, equipment and more.

That’s where Factoring becomes a viable option for green energy companies with funding needs.  At Paragon Financial we offer invoice factoring, purchase order financing and credit protection.   We work with start-ups, companies with client concentration and other challenging funding situations.

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.


Invoice Factoring for Government Contracts

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Government Contract FinancingGovernment contract financing is essential for you to maintain the proper level of working capital.   Here are several reasons you want to use invoice factoring, purchase order financing and credit protection for your company and government contracts:

  • Paragon Financial understands the FAR - The FAR System governs the process by which the government purchases goods and services.
  • We work with start-ups.  Paragon looks at the credit of your client, not your own.
  • We work with clients that have concentration issues.
  • Credit protection is offered with all of our products.  Not many factors are able to offer credit protection and it reduces your risks.
  • You’re not getting paid fast enough by the government.
  • You need working capital to pay for labor, raw materials and equipment.
  • Paragon Financial itself is lean and entrepreneurial just like you.  This allows us to get approvals fast and the money in your hands.

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


Key Success Factors

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business financing success factorsEvery industry has Key Success Factors (KSF). No matter what business and industry you are in, it is essential you know what these Key Success Factors are.

What are KSF? A Key Success Factor is an element of a whole that affects your business’ ability to do well in your market.

As a financial intermediary or factoring broker you must understand your prospects Key Success Factors. In addition each industry has its own nomenclature. By showing you understand their KSF and industry jargon, you will cement the potential relationship with the prospect.

For example, Paragon Financial has literature specifically targeted to certain industries. Examples include, bankers and their turn-downs, warehouse staffing, light industrial, beer, wine & spirits, oil & gas and manufacturers just to name a few.

Before you have a conversion with a prospect, do your research. By understanding their business KSF along with their industries terminology, your chance for success will be greatly increased!

Click here to read 15 examples of Key Success Factors for Marketing.

The Changing Landscape of Cable/Telecom

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cable-supplier-factoring“We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. Don’t let yourself be lulled into inaction.” – Bill Gates

As a 20 year funder of the cable and telecom industry, Paragon Financial closely monitors changes within the industry.  This allows us to proactively help cable/telecom vendors, suppliers and contractors succeed.  We all are watching as talks continue of AT&T’s merger with DirectTV, Comcast with Time-Warner, and T-mobile with Sprint.  There are also new players like Google Fiber, Apple TV and Netflix that are poised to further shake up the industry which cannot be ignored.  According to a new Kansas City door-to-door survey, Google could obtain 50 percent market penetration of its 1 Gbps broadband service in the next three to five years.  For only $70 per month, Google Fiber’s broadband service is 50 to 100 times faster than what the average broadband customer is receiving today.  By comparison, Time Warner Cable offers 100-megabit Internet service – one-tenth as fast as Google Fiber – for $64.99 per month.

“We don’t think Google Fiber is an experiment, a regulatory ploy, or just a bluff to keep incumbents in check or get them to upgrade their networks. We believe the potential to build a large, profitable business is one of the main motivations for Google.” says Bernstein Research analysts Carlos Kirjner and Peter Paskhaver.

From a content standpoint, Netflix has grown from being a movie provider to a television company with Emmy winning programming. The release of all the episodes simultaneously around the world is a hugely disruptive strategy, one that has already altered consumer expectations. And the splash at the Emmys let talent, audiences and rivals know how serious they are with future plans.

Apple TV is exploding in popularity selling more than 13 million second generation devices with over half of these being sold in 2013 alone.  Using Apple TV sales as a proxy for the market (which includes Chromecast, Roku, etc.), the data is telling us that the trend away from traditional TV is accelerating rapidly.  According to a recent WSJ article, the next generation Apple TV is a true set-top replacement capable of streaming live TV channels, recording TV a la TiVo, accessing internet programming, streaming on demand shows / movies and serving as the content aggregator.  Consumers will receive all of this in a beautiful user interface with their credit card pre-loaded, making consumption frictionless.

The future of the industry is happening right now and we are here to help.  For 20 years the cable/ telecom industry has been coming to Paragon Financial for working capital solutions and credit protection.  We understand your situation and will help you navigate through these uncertain, but growing times.  Give Paragon Financial a call at 888.400.5931.

The Alternative to the Golden Rule is the Platinum Rule

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platinum business ruleWe have all heard of the Golden Rule – and many people aspire to live by it. The Golden Rule is not a panacea. Think about it: “Do unto others as you would have them do unto you.” The Golden Rule implies the basic assumption that other people would like to be treated the way that you would like to be treated.

The alternative to the Golden Rule is the Platinum Rule:

“Treat others the way they want to be treated.” Ah hah! What a difference. The Platinum Rule accommodates the feelings of others. The focus of relationships shifts from “this is what I want, so I’ll give everyone the same thing” to “let me first understand what they want and then I’ll give it to them.”

The Paragon’s Banker Yes Program looks at needs from a bank branch manager’s or small business lender’s point of view.

Use the “Platinum Rule” to get bankers to send you their turn downs and get their needs met as well.

For more information please contact our National Sales Manager Chris Curtin at or call 800-897-5431 ext 221.

Oil & Gas Growth Along the Entire Supply Chain

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oil gas financingThe oil and gas boom continues into 2014 and its impact is wide to a myriad of industries and suppliers. The oil and gas boom is producing millions of jobs with the hydrocarbon sector creating jobs faster than Silicon Valley. Employment is up 40% in the oil and gas fields since the recession began in late 2007. Every one of the 10 states like Texas, Oklahoma and North Dakota where hydrocarbon production is on the rise, overall employment growth has outperformed the nation.

Direct employment in the oil and gas industry rose 40% from 2007 through 2013. Compare that to the paltry overall U.S. economy and job growth in the same period. The resulting jobs are not just temporary but an important part of building middle-class jobs ranging from information services to training, health care, housing, education and related manufacturing.

Since mid-2009 U.S. oil production has risen 60% along with a 50% collapse in oil imports. The impact has been billions of dollars in new economic value. New plant and equipment investment have increased among industries that use petroleum products such as agriculture, plastics and pharmaceuticals along with suppliers and services to these industries.

Over 75% of America’s oil and gas production comes from some 20,000 companies. These small and midsize companies, and thousands more in the supply chain are reaping the benefits of the oil boom. The U.S. shipping industry is experiencing a boom of its own as demand increases for the ability to move oil and liquefied natural gas between U.S. ports or overseas. U.S. shipbuilders are having their own substantial growth experiencing their largest boom in more than 20 years according to the U.S. Department of Transportation.

Even the importance of ports in the US are shifting. Mid-year in 2013, the Port of Houston surpassed the port of New York City becoming the nation’s top export market.

The top exports were:

  • Petroleum and coal products –  $36.6 billion
  • Chemicals – $31.2 billion
  • Machinery, except electrical – $15.2 billion
  • Computer and electronic products – $6.7 billion
  • Oil and gas extraction – $5 billion

At Paragon Financial we have been funding oil & gas suppliers along the entire supply chain for over 20 years. We understand the industries involved and your specific needs.   Give Paragon Financial a call at 888-271-9347 today.

Cable Industry Growth Opportunities and Funding

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Cable Supplier FinancingCable industry growth is one of the bright spots of the U.S. economy. A good example is Time Warner Cable who reported a Q1 2014 earnings jump of 20%. Revenues grew by 2% to $5.6 billion, led by 11% revenue growth in broadband. The company added 269,000 broadband subscribers, the most since the first quarter of 2008. This type of growth creates opportunity for factoring brokers and financial intermediaries in the cable/telecom industry.

Sharing with your banker’s, CPA’s, attorney’s and other referral sources Paragon Financial’s deep expertise in cable/telecom can funnel business your way. Big players such as Comcast send their vendors to Paragon for working capital and growth solutions, taking advantage of our 20 years experience in funding the cable/telecom industry.

For more information please contact our National Sales Manager Chris Curtin at or call 888-271-9347 ext 221

Handgun/Firearm Manufacturers and Vendors

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firearm industryHandgun/Firearm Manufacturers and Vendors: