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    Bank Factoring


    by PaulJoachim

    Many banks offer invoice factoring to their clients. Just like Paragon does. Problems occur because banks must work under rules by the FDIC. Factoring at a bank takes longer to be approved, the credit is more rigorous and concentration issues can be a problem. Many banks send Paragon their bank factoring turn-downs. Unlike a bank, Paragon can get around issues such as start-ups, client concentration and poor personal credit. Plus we can get the deal done much faster. For more information on bank factoring please visit