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Questions and Articles

4 items

Why Factor With Paragon?

A:
• 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 ... more

How long does the process take for funding loans?

A:
Generally speaking, your loan will be funded within one business day of CFC's receipt of all executed documents and collateral. In the great majority of cases, the loan process takes no more than 5 business days (assuming there are no liens against y ... more

Where does a small business go for a loan? Do you provide loans and funding sources?

A:
The Government of Ontario has no direct financial assistance (loan) programs available to small businesses. Assistance should be sought from traditional sources such as chartered banks or you can contact the Canada-Ontario Business Service Centre at ... more
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