How well could your security business handle an urgent call for extra guards? What would that do to your cash flow management system?

Let’s face it. Some companies don’t hire the security they need until a crisis happens. Maybe the company gets robbed; maybe someone even gets hurt. Then, when they call your company to get the amount of security guards that they need, they need them NOW.

You’re happy about getting new business but you may not receive payment for your services for 30 days – or maybe even 45 – but your employees need paid every two weeks.

Is your security business fairly new? If so, are you struggling to find business funding? What about accounts receivable factoring?

As we recently reported, the Bureau of Labor Statistics is predicting a dramatic increase in the demand for security guards. This is encouraging news if you own or manage a security business; but, if your business is new, then you’ll probably face challenges in getting the funding you need to grow your business.

Fortunately, we have the business funding solution that you’ve been looking for: accounts receivable factoring.

Security guard demand is expected to grow 17 percent between 2006 and 2016. Can your current cash flow management system fund your growth?

There are growing concerns about crime and vandalism – and private security firms are taking over more and more of the duties previously performed by police officers. Because of these factors, the Bureau of Labor Statistics predicts a greater than typical growth for the security industry; this predicted growth of 17 percent means that about 175,000 new security guard jobs will be created.