![]() Recruiting and retaining the talented staff is one of the top challenges a business face. How Staffing Companies/Small Business/Startups can Benefit From Payroll Financing? However, Non-Recourse Paragon offers the discount fee as low as 1% based on the sales volume, the credit quality of the end customer and how quickly they will pay the invoices. Generally, the cost of funding varies between 1.5% – 3.5% per month. They get to know you as well and how you want your account handled.ĪPPLY ONLINE How Much Payroll Funding Cost?Ī recourse factoring company can require you to place your payroll financing processing with them, but not with Paragon! We allow you to choose the best payroll processor for your industry and we expertly handle the funding your payroll. You will be assigned an account executive, a real, live person that you get to know, as a single point of contact. Depending on volume, the discount fee can be as low as 1%.Įach account is handled individually. ![]() After the invoice is paid we deduct our fees and remit the balance back to you. We offer up to 90%, same day-wire transfer, advance against an invoice for our clients. We understand the demands rapid growth puts on cash flow, the pressure of meeting payroll financing and benefit premiums.
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