Why Every Security Guard Staffing Agency Should Consider Factoring

Posted by hgsba on April 12, 2018

Being a security guard staffing firm, you provide an important service to clients as well as common people, making sure that safety concerns are met and security and protection are provided. If you offer site security and patrols, burglar alert monitoring and response, or private protection, you and your staff should be ready at all times. Yet are you experiencing the cash stream needed to keep jogging 24/7? Read on to learn why every d g staffing agency should consider using factoring services as one to help secure and keep their business. Security Guard Services

Reliability guard staffing agencies are part of the growing momentary staffing industry because of the valuable time and money saving service they provide to businesses and companies by supplying qualified security professionals without the inconvenience of hiring full-time security staff. Unfortunately, while this sector is growing in advances, many security shield staffing companies face cash flow gaps caused by the demands of getting together with regular payroll expenses (often on a weekly basis) and obtaining payments from their customers and clients. This is where g staffing agency factoring also comes in. 

Known in many sectors as accounts receivable financing or invoice factoring, g staffing agency factoring was created to provide staffing agencies with flexible business finance options intended to eliminate the gaps between obtaining repayment from customers and paying your employees. Factoring is quick and easy! When you have been approved by a factoring company, just send in your overall unpaid accounts and/or accounts receivable and the company will improve you a number of the face amount in cash. Some companies may advance you up to 96% all at once, while others may progress you a smaller ratio then give you more after they have collected on the invoice or data files receivable. Regardless of which way they actually it, they will take on the credit risk of collecting on the invoice.

Zero matter what kind of security guard services you provide, whatever kind of economic condition your company is in, most financing companies can accommodate your factoring requests. Because invoice discounting companies generally base financing on the financial durability of your customers, rather than your personal FICO rating and/or business credit credit score, even companies currently facing financial obstacles can use factoring services.

Together with the trustworthy cash flow provided by factoring, you can:

–Meet payroll expenses – Forget about waiting 30, 60 or 90 days for gradual paying clients. With financing you can get cash for your services now.

–Pay for new equipment, supplies, training and screening – Background record checks, drug testing/screening and specialized in-service training ensures that you have the best security pads available, but it also takes cash which you might not have due to slow-paying customers. Factoring can help you spend on training and testing, plus any new equipment and supplies that you may need.

–Hire on more qualified personnel – A security shield staffing company is merely as good as its employees. Factoring can give you the extra cashflow needed to hire and teach the very best security guard talent available.

–Take on larger contracts – With more cash circulation you can hire on more staff to load even more contracts or improve larger companies you were never able to accommodate before.

–Market and advertise – Stop based on “word of mouth” advertising. Market and promote your security guard staffing needs agency using the cash you receive from loans – and watch the business arrive.

There’s no time like the modern day to get started on factoring your g staffing requirementws agency’s invoices. Many invoice discounting companies will qualify your application within one working day, and in many cases you can get cash in less than 24 hours. Why hold out? Start factoring your bills today.

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