Paragon Financial Factoring Company Blog » Paragon Factor

Why Are Small Business Owners Feeling Good?

Paragon Factor — Wed, 08 Feb 2012 14:28:18 +0000

Small business is finally feeling a little bullish about the economy. From a year ago, there is an increase in small business owners’ perceptions about revenues, financing, hiring, credit access and cash flow, among other measures.

International Bath Textiles Case Study

Paragon Factor — Fri, 03 Feb 2012 14:44:51 +0000

The Company supplies fine linens (towels, sheets, etc.) to businesses all over the world. After years of success overseas from their Switzerland base, the Company wanted to expand domestically and incorporated in the U.S. They quickly landed a large contract with Carnival Cruise Lines in Miami. International law required them to finance the linen shipments through Cash Against Documents (CAD) financing, so the linens would be delivered to a port in the U.S, and not released until the manufacturer was paid.

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Small Business Credit Cards are Back

Paragon Factor — Tue, 31 Jan 2012 15:43:01 +0000

Big banks are attempting to lure in the small business owner with generous rewards on their business credit cards. Banks see these types of loans as less risky with fewer consumer protections. Small business owners need to be careful because these credit cards can affect their own personal credit score.

Export Finance for Small Businesses

Paragon Factor — Fri, 27 Jan 2012 20:11:48 +0000

Small business is struggling with middle-class Americans not spending as the economy limps along. Yet the vast majority of purchasing power resides outside the US. American small businesses could increase their growth by tapping into this outside consumer base if they only had better access to financing.

Accounts Receivable Financing Facilities Awarded

Paragon Factor — Mon, 23 Jan 2012 14:35:20 +0000

This past week Paragon Financial provided a $500,000 accounts receivable financing facility to a construction company working with county and city government contracts. We also provided a $250,000 accounts receivable financing facility to a company that repairs and maintains industrial machinery.

Factoring Companies Role in Business Financing

Paragon Factor — Tue, 17 Jan 2012 17:16:07 +0000

Jon Anselma of Paragon Financial Group talks about factoring companies role in business financing on PBS’ Nightly Business Report

Financing Growth Through Factoring Case Study

Paragon Factor — Wed, 11 Jan 2012 15:42:11 +0000

The Company had won a $2 million one year self-renewing contract from the U.S. government to provide security personnel. These personnel would require high end security clearance, which meant higher pay, putting pressure on the Company’s cash flow. The bank was not willing to provide funding. Without financing, the Company would have to pass on the contract and the chance for growth.

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Closing Your First Round of Financing and Waiting for the Cash

Paragon Factor — Mon, 09 Jan 2012 14:10:28 +0000

Your business has closed the first round of funding. But what happens in the months it can take to get the cash? (btw, with factoring, the wait is days, not months)

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Looking Back at 2011 for Small Business

Paragon Factor — Thu, 29 Dec 2011 14:56:20 +0000

Small business learned a lot in 2011. It was certainly a challenging year for many.

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Small Business Bank Loans Fall to 12-Year Low

Paragon Factor — Tue, 27 Dec 2011 13:16:25 +0000

Bank loans to small business fell to the lowest level in more than 10 years. Whether your business is struggling or successful in this economy, it will still be hard to find bank financing.

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