Paragon's relationship managers seek to understand your business so that they can offer you tailored financial solutions for short term and long term borrowing needs. Whether you are managing day to day expenses, planning for growth, or simply taking advantage of a new opportunity, our commercial officers will work with you in a way that values your time and your unique circumstances. Our goal is to be a trusted financial partner that advocates for you and your company.
- Business Term Loans: With both fixed- and variable-rates available, these loans require repayment over a fixed period of time and can be tailored for your specific need.
- Lines of Credit: With a business line of credit, you can simply call us to get an advance to meet short term or seasonal needs or other unplanned expenses. These lines can also be linked to your business checking account for a more automated solution. Add the treasury management sweep option to automatically pay off the line of credit based on your daily cash position.
- Commercial Equipment Leasing: Our leasing programs offer unique financing opportunities for your business so that you don't have to exhaust your working capital or tie up your critical short term borrowing lines.
- Accounts Receivable Financing through eRevenue: Paragon has partnered with eRevenue to provide accounts receivable financing. This internet enabled financial solution offers accounts receivable lending, accounts receivable lines of credit, accounts receivable management, and factoring. eRevenue increases your company's liquidity without adding debt to your balance sheet.
- Credit Cards: Paragon has partnered with Independent Community Bankers Association to offer credit cards to selected customers.