Paul Joachim's Profile

Biography

For over 18 years, Paragon Financial Group has provided working capital solutions for growing companies throughout the US. They serve small to large-size companies across a wide variety of industries through accounts receivable, invoice factoring, and PO financing up to $3 million per month in volume. Paragon is a leading source for receivables financing, government contract financing, payroll funding, and purchase order financing. For more information visit www.paragonfinancial.net

Paul Joachim's articles

  • Financing a Commercial Printer Through Factoring
    A company began business in 2009 as a graphics printing company. The owner had encountered several attempts to bring forth business in other industries, but the commercial printing endeavor proved to be the most profitable. With business growing so quickly, the owner soon maxed out his current line of credit with his local bank and was in need of additional financing.
    Posted: 2012-02-03
    Category: Finance
  • Factoring Line of Credit for Payroll Expenses
    Based in Boca Raton, Florida, a company offers recruiting and staffing services for both permanent and temporary positions for clients in the healthcare and medical industries. They identify, select and place traveling executive nurses, allied health specialists, pharmacists, physicians, and hospital management executives.
    Posted: 2012-01-31
    Category: Finance
  • Financing a Construction Company That Takes on a Large Government Contract
    You have landed the big contract your construction company was working hard to close and get ahead. Management is buzzing and the company is prime and ready to get started on the large government project. The five year old company provides roofing and repairs to distressed properties through a program developed by local and county agencies to clean up cities in Florida.
    Posted: 2012-01-23
    Category: Finance
  • Learn the Basics of Purchase Order Funding
    Most companies hate to turn down business. This is especially true when a large order has been placed. Big orders often give companies an opportunity to bring in large amounts of revenue and to establish themselves in their industry. The latter can help spur future growth. However, when such a large order is placed that a company does not have the capital on hand to fulfill it, there will likely be two primary options, turn down the business or attempt to get a bank loan.
    Posted: 2011-12-06
    Category: Finance
  • Improving Cash Flow With Purchase Order Financing and Invoice Factoring
    Invoice financing and purchase order financing can be a fantastic way for a business to generate the capital that they need to either pay current bills and debt or grow their business.
    Posted: 2011-12-06
    Category: Finance
  • PO Financing Can Help You Fund Your Large Orders
    Imagine the opportunity to complete a $5,000,000 job but having to turn it down because you don’t have the operating capital. This could be crushing to your business, not only because of lost revenues but also because it forces you to turn down a job that might bring prestige to your business. It’s hard to be one of the big boys (or girls) if you can’t complete big jobs.
    Posted: 2011-12-02
    Category: Finance
  • Account Receivables Factoring: How To Finance An Existing Business Without A Loan
    Contrary to popular belief, it is possible to finance an existing business without a loan. For many years, debt was an accepted, and even recommended way, for a business to generate the capital it needed for maintenance and even growth.
    Posted: 2011-12-01
    Category: Finance
  • Receivables Financing: How to Grow Your Business Without Debt or Loans
    Many business owners would much rather build their companies without debt and would prefer not to take out a loan. While debt can be very beneficial because it provides businesses with the capital they need to grow and stay afloat, it has two very big strikes against it; it has to be paid back and it’s risky. When a company develops too much debt, it takes very little for its financial standing to be ruined. Most owners would prefer not to go this route if at all possible.
    Posted: 2011-12-01
    Category: Finance
  • Selling Accounts Receivable Can Improve Cash Flow
    We all know that banks do not provide a friendly credit environment for small businesses. If they offer any money, it usually isn’t enough. This often leads to an inability to grow your company due to a lack of funds. However, there is a type of financing that is greatly increasing in popularity in our industry. It’s called factoring. This type of financing concentrates on your customer’s ability to pay, not yours.
    Posted: 2011-12-01
    Category: Finance