Do You Qualify?
- Do you have accounts receivable with credit worthy customers?
- Do you have assets in the company? i.e. real estate, Inventory, Machinery, Equipment etc.
- Typically we require a minimum of $500,000.00 in annual revenue but we will work with start-ups if there is a business plan and Financial projections
- CPA-prepared financial statements
In order to get a formal proposal including specific rates etc. we will need to collect a standard package of information including the following:
- Copies of the Company’s Articles of Incorporation and By-Laws
- Copies of Current Financial Statements; and prior two years if available.
- Copy of current schedule of Aged Accounts Receivable
- Copy of current schedule of Aged Accounts Payable
- Copies of prior two years’ Company Federal Tax Returns
- Details of Shareholding / Ownership
- Statements of Personal Net Worth for Guarantor/s
- Application Form
- Brief bio’s for each of the founders/owners
- A brief history of the Company’s operations; together with samples of marketing materials if applicable
- Copies of any special Terms of Sale with major Customers
When working with Paragon you can always expect fast, reliable, and professional service! Once we receive the information listed above we will turn around a proposal within 24-36 hours.