Why Factor With Paragon?
• Immediate increase in cash flow. Under conventional methods, a company must sometimes wait 30, 60, 90 and sometimes 120 days to collect on an invoice. With factoring, we immediately purchase your invoices and advance an initial payment up to 95% of the invoice amount. When the invoices are paid, you receive the remaining 20% less our fees. • What does it cost? Practically nothing when you consider how much is lost having to wait 60-90 days to get paid on services or products which you have already provided or paid for. This money could be placed in an interest bearing account or be reinvested into your company to help it grow and produce additional revenues. And, keep in mind that Paragon Financial will take over all your labor and other costs for debt collection and credit administration, leaving your employees free for other tasks-or allowing you to cut staff and costs. Think a moment about the discounts your supplier’s offer for quick payment and what those discounts would amount
