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Written by / Agency / Source: Paragon Financial Group, Inc.

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Paragon Financial Group Announces 600K Receivable Financing Facility for Startup Cable Sales Company - Paragon Financial Group announces recent invoice financing line for a startup door-to-door cable sales company headquartered in Bloomfield, New Jersey - ParagonFinancial.net
Paragon Financial Group Announces 600K Receivable Financing Facility for Startup Cable Sales Company

 

NewswireToday - /newswire/ - Ft Lauderdale, FL, United States, 2011/07/28 - Paragon Financial Group announces recent invoice financing line for a startup door-to-door cable sales company headquartered in Bloomfield, New Jersey - ParagonFinancial.net.

   
 
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A new startup company started doing business promoting door-to-door cable sales. The owner had previous experience in the industry and had established valuable connections while working for another cable company. The new company hit the ground running, and immediately encountered problems with cash flow. This created a problem with payroll, paying sales people, and growth. One of the company’s clients, who is also a national cable sales provider, works with different vendors for other businesses and recognized the company’s need for receivable financing. The debtor was familiar with Paragon Financial and knew of Paragon’s proven track record factoring invoices for clients in the cable industry. He contacted the owner of the company and recommended that he call Paragon as a possible factoring company. It’s always nice to get a referral directly from one of the major players.

Paragon (paragonfinancial.net) was able to factor the company’s invoices so they could receive the payroll funding they needed while continuing to grow and strengthen their company. Satisfied clients such as this one depend on financial aid from factoring companies to ease the burden of short-term liabilities when cash flow problems occur. This is why dozens of companies across the Unites States reach out to Paragon Financial every single day to help with their business financing needs.

The President of the cable company believes in Paragon’s commitment. “To me, Paragon is not only a factoring company, they are a business partner. Paragon was the biggest reason for us to stay successful.”

Financing cable subcontractors is one of Paragon’s specialties. We provide business financing solutions for subcontractors or contractors dealing with the major providers such as Comcast, Cox Cable, AT&T, Time Warner, Mediacom, and more. Paragon works with a wide variety of companies within the cable industry, including cable installation, door-to-door cable sales, drop bury, disconnects, and boring contractors. We also provide working capital solutions to a variety of small to larger businesses in multiple other industries through our accounts receivable factoring and purchase order financing programs.

 
 
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Written by / Agency / Source: Paragon Financial Group, Inc.

 
 

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Paragon Financial Group Announces 600K Receivable Financing Facility for Startup Cable Sales Company

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Publisher Contact: Lanette Tucker - ParagonFinancial.net 
800-897-5431 lanettet[.]paragonfinancial.net
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Paragon Financial Group, Inc. securities in any jurisdiction including any other companies listed or named in this release.

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