Paragon Financial Solutions Inc. (PGNN)

Overview

Paragon Financial Solutions, Inc. operates primarily through its subsidiary Paragon Bank, providing a comprehensive range of banking products and services to individuals and small to mid-sized businesses across the United States. Established in 2004, the company is headquartered in Memphis, Tennessee. Paragon Bank prides itself on being a reliable banking partner, offering a variety of financial solutions designed to meet the unique needs of its customers, with an emphasis on accessibility through its approximately 150 ATM locations in the Memphis metro area as well as robust mobile, online, phone, and internet banking services. This comprehensive approach to banking exemplifies Paragon's commitment to convenience, security, and customer service.

Products and Services

• Deposit Products
  

  Includes checking accounts, savings accounts, money market savings accounts, certificates of deposit, and IRAs, catering to both personal and business banking needs.

• Commercial Loan Products
  

  Features a variety of loans such as working capital loans, accounts receivable/inventory lines of credit, equipment financing, commercial auto/truck financing, business acquisition financing, letters of credit, SBA/USDA lending, and commercial real estate loans for owner-and non-owner-occupied properties.

• Mortgage Loans
  

  Offers a range of mortgage solutions including purchase, refinance, conventional mortgage, federal housing administration, veterans affairs, affordable home, home equity, and medical specialist loans.

• Private Banking Services
  

  Provides depository and personal financial services, along with special purchase financing, residential mortgages, home equity, construction and renovation loans, and financing for vacation and second homes.

• Cash Management Solutions
  

  Offers solutions designed to enhance liquidity, prevent fraud, and manage payables and receivables effectively.

• Wealth Solutions
  

  Includes investment options such as equities, mutual funds, bonds, and annuities, tailoring financial portfolios to meet individual investment goals.

• Insurance Solutions
  

  Offers comprehensive insurance coverage including property, general liability, group medical plans, disability, professional liability, workers compensation, truckers/cargo, auto, home, umbrella, aviation, and surety bonds, in addition to employee dental, vision, and life insurance.

• Online and Mobile Banking Services
  

  Provides secure and convenient access to banking services via mobile, online, phone, and internet platforms, allowing for efficient management of finances on-the-go.