Industry: Security.
Facility Size: $500K.
Background: This provider of protection services is a pioneer of industry reform; its unwavering core values and high standard of customer service has led to a significant growth in clients. The business had utilised a debtor finance facility with another provider, however the provider did not meet expectations around customer service and ability to lend. A recommendation from a finance broker saw the business’ directors approach FactorONE to utilise factoring in order to capitalise on increased demand for security services.
We were able to provide approval within 24hrs and establish the facility in a short timeframe, leaving the business owners with peace-of-mind and, more importantly, the ability to accept a slew of new contracts.