Accounts Receivable Management
Grow Your Business With Improved Cash Flow
Paragon BusinessManager program can help your business:
- Maintain reliable cash flow
- Pursue new business opportunities
- Improve payment habits to suppliers
- Take advantage of early pay discounts
- Purchase equipment
- Pay off existing debt
- Hire additional staff
- Begin saving for retirement
How Does BusinessManager Work?
As your business sells products or services to customers, you
submit one or more batches of invoices to the bank. The bank purchases the receivables on a
discounted basis. A portion of the money you get for your receivables is put
into an interest-earning savings account. The rest of the funds are placed in
your business’s checking account, giving you liquidity to run and grow your
business more efficiently.
To learn more about Paragon’s BusinessManager solution,
contact one of our Commercial Relationship managers at 901.322.0790.