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fivefinger shoes,abercrombie and fitch for sale,chi iron hair,article17330,nike acg shoe,puma womens sandals,moncler shopWhy Every Security Guard Staffing Agency Should Consider Factoring
As a security guard staffing agency, you provide an important service to clients as well as the general public,article17330,jean abercrombie fitch online, ensuring that safety concerns are met and security and protection are provided. Whether you offer site security and patrols, burglar alarm monitoring and response, or private protection, you and your staff need to be ready at all times. But do you have the cash flow needed to keep running 24/7? Read on to learn why every security guard staffing agency should consider using factoring services as a resource to help stabilize and maintain their business.
Security guard staffing agencies are part of the rapidly growing temporary staffing industry due to the valuable time and money saving service they provide to businesses and companies by supplying qualified security professionals without the hassle of hiring full-time security staff. Unfortunately,article17330, while this sector is growing in leaps and bounds,sales salvatore ferragamo, many security guard staffing companies encounter cash flow gaps caused by the demands of meeting regular payroll expenses (often on a weekly basis) and receiving payments from their customers and clients. This is where security guard staffing agency factoring comes in.
Known in many industries as accounts receivable factoring or invoice factoring, security guard staffing agency factoring is designed to provide staffing agencies with flexible business finance options intended to eliminate the gaps between receiving payment from customers and paying your employees. Factoring is quick and easy! Once you have been approved by a factoring company, just send in your current unpaid invoices and/or accounts receivable and the company will advance you a certain percentage of the face amount in cash. Some companies may advance you up to 96% all at once, while others may advance you a smaller percentage then give you more once they have collected on the invoice or accounts receivable. Regardless of which way they do it, they will take on the credit risk of collecting on the invoice.
No matter what kind of security guard services you provide, no matter what kind of financial shape your company is in, most factoring companies can accommodate your factoring requests. Because factoring companies generally base funding on the financial strength of your customers, and not your personal FICO score and/or business credit score,cheap nike trainers, even companies currently facing financial obstacles can use factoring services.
With the dependable cash flow provided by factoring, you can:
--Meet payroll expenses - No more waiting 30, 60 or 90 days for slow paying clients. With factoring you can get cash for your services now.
--Pay for new equipment,ed hardy men clothing, supplies, training and testing - Background checks, drug testing/screening and specialized in-service training ensures that you have the best security guards available, but it also takes cash that you might not have due to slow-paying customers. Factoring can help you pay for training and testing, plus any new equipment and supplies that you may need.
--Hire on more qualified staff members - A security guard staffing company is only as good as its employees. Factoring can give you the extra cash flow needed to hire and train the very best security guard talent available.
--Take on larger contracts - With more cash flow you can hire on more staff to fill even more contracts or work for larger companies you were never able to accommodate before.
--Market and advertise - Stop relying on "word of mouth" advertising. Market and advertise your security guard staffing agency using the cash you receive from factoring - and watch the business come rolling in.
There's no time like the present to start factoring your security guard staffing agency's invoices. Many factoring companies will qualify your application within one business day, and in many cases you can get cash in less than 24 hours. So what are you waiting for? Start factoring your invoices today.
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