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Customer protection

You can protect your business from losses caused by insolvency or protracted default of your customers.

  • Monitoring customers and acting upon insights, helping avoid any potential losses
  • Typically up to 90% of approved bad debt when your customers cannot pay
  • Protect your business’s cash flow
Customer protection Invoice financing for SMEs
What is invoice finance?

How does invoice financing work?

As soon as your business raises an invoice, we’ll advance up to 95% of the invoice value. When your customer pays, we’ll then send you the remaining balance of the invoice minus any fees.

Learn more about Invoice Finance

About Paragon's Invoice Finance

  • Advances of up to 95% of the invoice value
  • Short notice contracts available
  • Provide invoice finance solutions for businesses across a range of sectors, including manufacturing, engineering, recruitment, print, haulage, courier and many more 
  • Flexible and simple fee structure, with no hidden fees
  • Access to fast and efficient legal recovery
  • New start businesses, MBOs/MBIs and turnaround transactions welcomed
  • Support of a dedicated credit controller
Why work with Paragon for invoice financing

Personal details

Company details

Additional information

Privacy : Details on your data protection rights and how your information will be used can be found here

UK Finance logo

Paragon are a proud Invoice Finance and Asset Based Lending member of UK Finance.

UK Finance is a voice for the banking and finance industry. The help to enhance competitiveness, support customers and facilitate innovation.

Unhappy with your current provider?

Now could be a good time to change

With over 18 years of experience in funding businesses, we know exactly how to get the best for our customers. In fact, our customer satisfaction survey confirms customers are very happy with the swap, rating us 4.7/5*.

*Source: Invoice Finance Customer Experience Survey, Paragon Business Finance, December 2020

Switcher's guide
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What we offer

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Invoice discounting

Confidentially access up to 95% of your invoice value, helping you to improve your company's cashflow.

Learn more
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Invoice factoring

Similar to invoice discounting but we'll manage the collection of payments for you.

Learn more
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CHOCCS

Similar to invoice factoring but you maintain responsibility for collecting payments.

Learn more

Paragon Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England number 05390593. Registered office 51 Homer Road, Solihull, West Midlands B91 3QJ. Paragon Bank PLC is registered on the Financial Services Register under the firm reference number 604551