PLEASE CONTACT PARAGON DIRECTLY AT

561-282-1867

TO DISCUSS YOUR BUSINESS FUNDING NEEDS.

About Us

Paragon Florida, Inc. (Paragon) was incorporated as a Florida nonprofit corporation with the Florida Division of Corporations on May 10, 2006 and commenced operations in January 2008. Paragon’s initial mission was to be a financing entity in communities that are underserved by traditional financing entities and ensure a more balanced and representative playing field in Palm Beach County and the emerging biotech sector for Black-owned businesses.

In 2011, Paragon became a Community Development Financing Institution (CDFI), a designation conferred by the CDFI Fund of the U.S. Department of Treasury. As a result of this certification, Paragon accesses financial and technical assistance from the CDFI Fund through the CDFI Program to support its community development financing and development programs for businesses in Palm Beach County.

In 2012, Paragon became an intermediary re-lender of the U.S. Small Business Administration (SBA) and was awarded $1 million under the Intermediary Lending Program (ILP) to create a new Venture Loan Fund that will allow Paragon to make loans of up to $200,000.

Mission:

To support the growth and prosperity of start-up, emerging and mature businesses in Palm Beach County.

Vision:

To be recognized and valued for enhancing the economic development of Palm Beach County by providing financial assistance, tools, support and advocacy for businesses from underserved communities.

Core Values:

Paragon’s leadership desires that Paragon achieve its mission and accomplishes its purpose with an aura of excellence. As such, the following core values serve as guiding principles:

  • Ethics and integrity will never be compromised. Compassionate capitalism works.
  • Small and Minority Business participation in the economy is good for the county and all communities.
  • Fiscal responsibility is the foundation of our success.
Excellence is expected and rewarded.

Paragon Loan Program

The Paragon Loan Fund is an innovative fund established to assist small businesses with gaining access to capital. The fund provides loans between $10,000 and $200,000 to qualified businesses in Palm Beach County, FL seeking start-up, growth or expansion capital.

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Business Training

Paragon understands that gaining knowledge or training
can be the key to success.

PLEASE CONTACT PARAGON DIRECTLY AT


561-282-1867


TO DISCUSS YOUR BUSINESS FUNDING NEEDS.

suntrust
Paragon is a certified Community Development Financial Institution (CDFI) and relending intermediary of the U.S. Small Business Administration dedicated to providing comprehensive financial services, training and asset development for businesses in Palm Beach County, FL. Paragon provides access to capital through its loans to businesses that demonstrate a strong business model, an experienced management team and the potential to thrive and grow.