Business Financing
Why Are Small Business Owners Feeling Good?
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. Read more
International Bath Textiles Case Study
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 [read more »]
Small Business Credit Cards are Back
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. Read more
Export Finance for Small Businesses
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. Read more
Accounts Receivable Financing Facilities Awarded
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. Read more
Factoring Companies Role in Business Financing
Jon Anselma of Paragon Financial Group talks about factoring companies role in business financing on PBS’ Nightly Business Report
Closing Your First Round of Financing and Waiting for the Cash
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) Read the Full Story
Small Business Bank Loans Fall to 12-Year Low
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. Read the Full Story
Why Aren’t Small Businesses Getting Loans From Big Banks?
You hear about how big banks are loaning more to small businesses. The reality can be very different. Read about why big banks aren’t lending to small businesses. Read the Full Story
European Banks Offer Financing to Buyers of Their Distressed Assets
European banks are using vendor financing to attract buyers for distressed loans and other assets. Read the Full Story