Security companies can win contracts that require payroll, uniforms, vehicles and equipment before the first client payment arrives. Funding helps bridge that ramp.
Uses
- Guard payroll before invoices are paid
- Patrol vehicles and fuel
- Uniforms, radios, cameras and monitoring equipment
- Insurance and licensing costs
- Recruiting and contract startup costs
Options
Working capital can bridge payroll and startup costs. Equipment financing can fit vehicles or equipment. If invoices are slow, compare A/R financing.
Contract tip: signed client agreements and recurring deposits can strengthen the file.
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Compare working capital, equipment and receivable-based options.
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