Security Guard Invoice Factoring
You’re responsible for the protection of property and the personal safety of countless people. There’s no time to waste on cumbersome billing cycles. Access the cash you need without delay.
You’re the go-to source for armed and unarmed security officer services. Your reputation is growing. You’re eager to expand with more security personnel and specialized equipment, but a sluggish billing cycle is holding you back. Our financing services cut the fat out of funding, offering ample working capital with a fast turnaround.
Factoring invoices is a valuable tool to ensure your business has the working capital to grow, succeed, and arm your team with the equipment to patrol security sites and deter suspicious behavior. It works by selling your invoices to Round Table Financial in exchange for up to 90% of their value upfront.
Let’s say you’re a security guard company and you’ve just signed on to provide services at XYZ Corp. You assign off-duty officers and a site security supervisor to get the job done. You send an invoice to XYZ Corp., and they plan to pay you 90 days later. RTF buys your invoice and pays you immediately. In return, you have instant access to your working capital and the ability to take on new jobs without worrying whether you have enough money in the bank to cover these new expenses.
Many security guard companies are on month-to-month contracts, making predicting revenue and managing working capital difficult. It can take a client anywhere from 30 days to several months to honor an invoice, creating a vast gap between revenue and when you get paid. These extended periods quickly deplete your working capital and leave you with a negative balance, which can severely hamper growth and leave your business teetering on the edge.
RTF offers a payroll funding solution that helps security companies bridge the gap to working capital. Our fast, easy-to-access funding options allow you to manage your business’ cash flow without waiting weeks or months for payments. With our quick application process and same-day financing, you never need to wait long for the money you require to pay wages, taxes, and employee benefits. We approve most applications within 24 hours and immediately provide funding.
Round Table Financial is a cash-flow solution provider supporting businesses nationwide with accessible working capital. We provide long-term partnerships, scaling to you as your team and needs grow.
"*" indicates required fields