Paragon Financial Group is funding during the COVID-19 crisis.

Meeting Payroll for the Security Guard Staffing Industry

How Does the Security Guard Staffing Industry Meet Weekly Payroll?

The Security Guard Staffing industry as a whole is responding to changing times in our country. A rise in expectation for many guards to perform a wider variety of duties in addition to their primary role of implementing safety.

There is a higher demand for specialized services. This is both in monitoring the remote systems and learning the particular needs of different industries. Such industries include public schools, energy, and chemical to government security. There is progress in the training and skill levels due to the entrance of former law enforcement officers who have been displaced by decreasing public funding.

Staffing agencies financing provides the guards with essential funds to overcome their business challenges. Agencies must meet payroll and expansion needs while awaiting collection from their customers, creating a gap in liquidity. Banks are not always the most suitable sources of working capital for service companies. The reason for this is they often concentrate on the personal assets of the owners.

Paragon Financial Group has been providing payroll funding through accounts receivable factoring for security guard service companies for over 27 years. Funds are advanced at a discounted rate, based on the quality of your receivables, to help meet payroll and expansion needs. This source of working capital can help ease liquidity pressure for growing staffing companies, even providing same-day payroll funding.

Get fast working capital for your business today!

Apply Securely, call 888-400-5931 ext 1 or email us.

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