Paragon Financial offers invoice factoring, invoice financing, invoice funding, purchase order financing, accounts receivable financing and factoring to growing businesses of every size.

1. Paragon Financial Group Provides $1,000,000 Accounts Receivable
Factoring Line for Tennessee Cable Contractor
FOR IMMEDIATE RELEASE
Ft. Lauderdale, FL, 11/14/2011, Paragon Financial Group, Inc. today announced a new accounts
receivable factoring line with a door-to-door cable sales and installation contractor headquartered in
Goodlettsville, Tennessee, near Nashville.
The contractor established the new business to market cable sales and installation services to
residential customers. With over 13 years previous experience in the industry, getting sales wasn’t
he problem. Handling the growth and capital needs with receivable out 45-60 days was the
problem.
A fellow veteran in the cable industry and current Paragon client recommended the contractor call
Paragon to discuss what financing options would best suit his needs. The accounts receivable
factoring program Paragon offers is exactly the type of receivable financing the company was
looking for. The contractor settled on terms of the agreement with Paragon and is now looking
forward to expanding his company with cable sales and installation services.
Aside from door-to-door cable sales, the contractor has also developed a theft proof cable enclosure
system that uses multi-dwell unit (MDU) enclosures and pedestals to prevent thieves from pilfering
cable from major cable providers. In 2009, the system was put to the test by Comcast in the
Nashville area. The results led to an end of cable theft in that targeted area. Since then, the system
has produced a 20 percent increase in customer base, which proves its performance is lucrative. The
device will be used by Cox Communications and Comcast markets in Tennessee, Arkansas, and
Virginia.
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.
For additional information, contact:
Paragon Financial Group
954.524.4840 phone
954.524.3533 fax
lanettet@paragonfinancial.net
www.paragonfinancial.net