Accounts receivable financing for security guard companies can accelerate business growth by taking advantage of your contract opportunities. Get ahead with United Capital Funding. We turn money owed from your invoices into cash flow, giving you the working capital you need. With our competitive pricing¹ and Pre-Award Financial Commitment Letters, you’re set to take on any bids or RFPs.
We’ve got your back whether your contracts are armed or unarmed. Stay focused on growing your business, we’ll handle the rest. Let’s get your business booming. Start today with our security guard factoring services.
*United Capital Funding is a wholly owned subsidiary of Gulf Coast Bank & Trust, an FDIC-insured bank, and is honored to provide working capital support for growing businesses across the United States. United Capital Funding is the direct source of funding (a factor) and therefore, we are not a broker or third-party intermediary.
We’ve backed over 1,000 rising American businesses and we’re all about top-notch service.
Want to see how United Capital can help you get the funds to grow? Book a call today. Let’s talk action.
We have a long history of working with businesses and government entities that owe balances to our clients.
For example; companies have included:
As a security guard business owner, you know how critical it is to source candidates for particular positions, expand on existing jobs with your current talent force and respond quickly to new opportunities.
Our firm is a wholly owned subsidiary of Gulf Coast Bank & Trust, an FDIC-insured bank (view our updated corporate financials here). Through our holding company, we offer multiple products through our fellow subsidiaries to support your financial needs:
Through a fellow bank subsidiary, we provide credit facilities secured by inventory, equipment and real estate.
Through a fellow bank subsidiary, we support leasing and financing capital equipment assets for government contractors located nationwide.
Click through the steps below to learn how accounts receivable financing benefits your small business²
Gain more control over your business by choosing which invoices you’d like to factor.
As a wholly owned subsidiary of FDIC-insured Gulf Coast Bank & Trust, you can rest assured that our funding source is insured and secure.
Through our online portal, clients have access to comprehensive invoice and transaction reports, making it easier for you to track activity through Purchase & Advance reports, Collection reports, Aging reports, and more.
With your direction, our firm contacts your customers to ensure day sales outstanding (DSO) remains compliant with the terms granted. This increases the efficiency of your invoice cycle and reduces the time spent on credit approvals, collections and debt.
Any business with non-consumer accounts receivables in place has the right structure to consider factoring. No need to worry about presenting limited financial history.
Our team has been at the forefront of working capital solutions for the security guard industry since 1997, providing essential insights to security guard businesses to effectively meeting their cash flow needs. Comprised of seasoned professionals with extensive experience in security operations, we are dedicated to offering tailored financial solutions to support security guard companies.
Kalman’s expertise in commercial finance, particularly within the security guard staffing industry, spans multiple decades. Over the years, she has adeptly guided security companies, pinpointing their precise needs and setting them on a trajectory for sustained growth.
Leading the firm’s busienss development efforts, Pittas brings over 30 years of experience in commercial finance and banking; of which, over 15 years have been dedicated to serving the needs of small and middle market businesses.
Baker founded United Capital Funding alongside Jerry Curley in 1997. He continues to operate the firm as CEO, focusing on a service-oriented strategy from its headquarters in St. Petersburg, FL.
This Illinois-based security staffing firm provides armed and unarmed security services and was looking to expand its footprint across its portfolio. The company already had an accounts receivable financing company in position to provide better cash flow suited to the company’s needs. However, the company began missing its payroll deadlines and began the search for a new partner.
Unfortunately, the company could not qualify for a bank loan and was constrained by the terms of their current partnership with little options for alternative providers. In addition to not being able to meet payroll, the company was also looking into a new contract with the city with the long term plan of growing their client list and doubling their volume.
One of the most important parts of a company is their employees. Without them, it would be difficult to operate. Every company wants to make sure that their employees are happy and taken care of and are compensated accordingly. While this is a good intention, sometimes those middle of the month pay dates can be difficult if you’re still waiting on invoices from your customers. Paying your employees on time is important and you want to make sure to keep your company operating smoothly. That goes double for security guard companies.
Client references are also available upon request. If you’d like to view references, please request a copy from your representative.
No, you do not need to have a good credit score to factor. We run a soft credit check, which has no impact on your credit score. Our underwriting measures look at the viability of your business and its current and upcoming contracts. This makes it easier for you to prepare for periods of growth as new contracts can be reviewed for an increased facility limit.
No, you do not need to sell all of your accounts receivables. As a client, you elect which customers and invoices you wish to factor.
United Capital Funding keeps strict compliance and operations procedures as it is a wholly owned subsidiary of Gulf Coast Bank & Trust, an FDIC-insured bank. This means all of our procedures are reviewed regularly to ensure full compliance. Our firm is also a long term member of the International Factoring Association (IFA), having kept an active membership since 2003 and consistently adhering to its code of ethics. Since our founding in 1997, we’ve helped over 1,000 small businesses across the United States.
Our single source of capital is through our parent company, Gulf Coast Bank & Trust Company, an FDIC-insured bank headquartered in New Orleans, Louisiana. Gulf Coast Bank & Trust is one of the largest community banks in Southeast Louisiana with over $3 billion in assets and ranked #14 by the American Bankers Association for community banks under $10 billion in assets.
We also provide updated financial information published by our company.
United Capital Funding is a funding source (factor). A factor is a funding source that uses its own capital to purchase accounts receivables from its clients. A broker does not provide funding. Instead, the broker works as a middleman, connecting businesses with lenders for a fee.
Please click here to schedule a call or call our office at (877) 894-8232.
As a verb, to factor is the act of buying or selling accounts receivables. This is the defining difference between a bank loan backed by accounts receivables or other collateral. Since factoring is not a loan, no debt is recorded on your balance sheet.
Hire factoring is a financial transaction where a staffing company sells its invoices to a factor in exchange for a portion of that invoice value made available to the staffing company immediately.
Payroll factoring is a financial transaction where a company (with commercial / nonconsumer customers) sells its invoices to a factor. In exchange for that invoice, the factor makes available a large portion of the invoice value immediatly. The company can then use that capital to fund its payroll needs.
¹Compared to data presented by the 2023 Private Capital Markets Report, Pepperdine University. Everett, Craig R.,”2023 Private Capital Markets Report” (2023). Pepperdine Graziadio Business School. http://digitalcommons.pepperdine.edu/gsbm_pcm_pcmr/16
²Percentage amount paid based on business type, volume, financial quality of customers, diversification of customers, etc.
To date, we’ve successfully financed over 1,000 emerging businesses across the Continental U.S. (CONUS) and are committed to delivering the best customer service; while providing flexible, tailored funding solutions to meet the needs of each business. We recognize that every client is unique, so we take the time to understand each individual business and develop a customized approach to ensure the best possible outcome to provide working capital.
At the end of the day, our goal is to make sure all clients have access to the short-term working capital necessary to successfully execute on new or expanding contracts. With our GovCon team, we will help you navigate this challenging terrain to become mission-ready and prepare for contract expansion.
