Business Financing
Benefits of Factoring for the Staffing Industry
Paragon Financial Group talks about how the staffing industry is thriving and the benefits of financing through factoring for payroll funding and combatting slow paying customers.
Paragon Financial Group Helps Miami Seafood Importer Grow
Paragon Financial Group provided a $500,000 accounts receivable financing line of credit to a leading importer and wholesaler of seafood. The company, headquartered in Miami, FL, imports the finest fresh and frozen seafood from Peru, Ecuador and Chili then resells it to U.S. distributors. With generations of family members in the business before her, the [read more »]
Tom Longo of Paragon Financial Raises Funds for Outdoor Recreation
Our very own Tom Longo won 2nd place in the team mountain bike division this past weekend. The race was to benefit The Markham Park Trail Building Fund which is a Florida non-profit corporation with the sole purpose of raising and managing funds for the building and maintenance of the Markham Park Mountain Bike Trail [read more »]
Quick and easy financing for your business
Paragon Financial Group talks about how factoring can be the perfect quick and easy solution for your companies immediate financing needs.
Financing the Cable Industry through Factoring
Paragon Financial Group offers cable installation, door to door cable sales, drop bury, disconnects, and boring contractors working capital financing through our factoring programs.
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