Security company sets global growth plan in motion with a $3M factoring line

AR Funding is proud to welcome this security services company as one of its newest clients.

AT A GLANCE

Industry: Security
Location: CA
Company size: ~$1M annual revenue
Reason for applying: Opportunity for global growth
Cash available through factoring: $3M

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PROBLEM: Bank financing couldn’t match big growth plans

This security and risk management company offers protection, transportation, robbery suppression, event security, and secured escort services to corporate and private clients. Staffed by seasoned security professionals from fields such as military, law enforcement, and corporate security, the company needs to meet a large payroll on a weekly basis. 

While this is ordinarily not an issue, the company was planning to expand their services internationally and take on a significant volume of new clients. With no debt on the books, the company qualified for traditional bank loans, but lending caps prevented them from accessing the cash reserves they knew they’d need.

SOLUTION: $3M factoring credit line

Fifteen years ago, the company had factored their invoices with AR Funding when they went through their first period of high growth. Now that they had fresh growth plans on the horizon, they reached out to us once again. We were pleased to be able to renew the partnership with this company and offer them a $3 million factoring facility to help them access the cash they needed to grow without limits.

This happy client received financing with help from Courtney Moore, Regional VP, Northeast Region. Find out how much cash your company can access through invoice factoring. Talk to us.