Paragon Business Finance Plc: Understanding the Services Offered
When it comes to running a business, funding or access to finance is often a crucial aspect. However, traditional lending institutions can be difficult to navigate, often requiring excessive paperwork, security, and a long wait time for loan approval. Fortunately, there are other options available. One such option is Paragon Business Finance Plc, a leading provider of asset finance solutions in the UK.
In this article, we will take a closer look at Paragon Business Finance Plc and what services they offer to businesses in need of finance. We will explore the company’s background, the types of financing they offer, and some benefits of working with them.
Background
Paragon Business Finance Plc is a UK-based independent finance company that specializes in providing a broad range of SME (Small and Medium-Sized Enterprises) finance solutions. They were established in 1988 and have been providing businesses with financial support for over 30 years.
Paragon Business Finance Plc’s main goal is to help businesses secure access to the funding they need to achieve their goals and grow. They aim to provide flexible finance solutions that help businesses to unlock the value of their assets, making it possible to raise the necessary funds to meet their financial goals.
Types of Financing
Paragon Business Finance Plc offers a variety of asset finance products designed to help businesses grow. These solutions include:
1. Business loans: Paragon Business Finance Plc provides a range of business loans that can help businesses meet their financial needs. These loans can be used for various purposes, such as managing cash flow, purchasing assets, and property financing.
2. Invoice finance: Invoice finance is a solution offered by Paragon Business Finance Plc. The solution helps businesses that face cash flow issues due to slow-paying invoices. Through this solution, businesses can access the funds they need by using their unpaid invoices as security.
3. Asset finance: Asset financing is a solution that allows businesses to purchase new equipment, vehicles, or any asset necessary to run their operation. The asset serves as collateral for the financing, which allows the business to get the funding they need without putting up any personal guarantees.
Benefits of Working with Paragon Business Finance Plc
Working with Paragon Business Finance Plc comes with numerous benefits. Here are some reasons why businesses should consider partnering with them:
1. Competitive rates: Paragon Business Finance Plc offers some of the most competitive rates in the market, making it easy for businesses to access the funding they need at affordable prices.
2. Flexible repayment terms: The company offers flexible repayment terms that can be tailored to meet the unique financial needs of each customer.
3. Quick approval: Paragon Business Finance Plc offers quick loan approval times, with some loans being approved and funded on the same day.
Conclusion
Paragon Business Finance Plc offers a range of finance solutions to enable businesses to access the funding they need to grow. With over 30 years of experience in the market, the company has built a reputation for providing flexible and reliable financing options to help businesses reach their full potential. So, if you’re a business owner looking for financial support, Paragon Business Finance Plc could be the ideal partner for you.
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