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Armored Service Company Factoring

Factor Finders provides financial services to armored service companies in the United States, Canada, and the United Kingdom. We regularly generate working capital for armored service businesses. 

Qualification for Factoring in Armored Service Companies Constructed on the Strength of the Credit of Your Customers

The approximately 700 start-up and medium-sized armored service companies in the United States can factor their receivables despite a lack of financial track record or credit strength. About 45% of these companies earn more than $1 billion annually. 

Factor Finders establishes accounts with businesses in three to five working days by simply evaluating customer credit strength. No complicated financial analyses are needed and no up-front fees are charged. 

Mature armored service organizations with existing loans can extend their credit through factoring. Factor Finders works with traditional lenders to pay off your loans and create credit lines based on your invoice values. Bankruptcy? Poor credit? Your business could still meet pre-qualification standards for factoring. Request a factoring quote from Factor Finders today.

Businesses of any size that have received little or poor service with other factoring companies can ask for a proposal from Factor Finders by calling 1-855-FACTOR-1. We also have online applications for interested armored service companies. We finance organizations with minimum sales volumes or funding needs of $10 million per month. 

Selling eligible or qualified invoices will establish a factoring credit line. It’s easy to manage your Armored service business by only drawing needed cash. With this added working capital you can meet all your expenses, including your payroll, operating, marketing and equipment.

Factor Finders Finances Most Armored Service Entities 

Armored service companies in the United States, Canada, and the United Kingdom with limited monthly sales volumes to $10 million should start factoring with Factor Finders.

We finance:

  • Armored cars that make bank deposits, service ATMs, or transport wrapped coins
  • Armored equipment suppliers
  • Bullet resistant equipment distributors and manufacturers
  • Security guard and patrol service
  • Investigators, messenger services, and process services 

Factoring Receivables Offers More Benefits than Traditional Lending 

Factor Finders' armored service factoring program is simple and efficient. Agencies with no financial history or long-term successful business dealings can benefit from accounts receivable factoring. Not sure if you qualify you’re your sales volume? Not to worry, we help with anything from the small ($500) to the large ($10 million). Factoring is often better than traditional lending, since your balance sheet won’t see added debt, and you’ll also benefit from the many different support services offered.

Launching an account is fast: in just three to five business days, your account will be established, and you’ll see your funds within 24 hours. Need a credit line? No problem. Factor Finders will create one based on your accounts receivable. 

Reduce Your Overhead by Using Factor Finders’ Back Office Support

Factor Finders offers administrative services support to assist with invoice mailings and collections. With our help, many clients offset financing fees as well as see overhead cost decrease.

We also work quickly, and provide complimentary credit evaluations on new customers to your armored service business to make sure that the correct credit lines are put in place.

Three to Five Business Days to Get on Your Way

Here are the steps to get your working capital:

  • First, original invoices should be sent to us. This includes any invoice for concluded service or fulfilled product orders.
  • Factor Finders will analyze the value of the invoices. You will then receive an advance, which averages around 90% of the total value of the invoices. We base our value decisions on your customers’ credit strength. Once we verify, you’ll receive your funds within 24 hours.
  • When your customers pay the invoice to Factor Finders, we forward you receive the reserve (or balance), less our fee.
  • Add new customers any time. Getting approval is as easy as providing us the address and name of the customer.
  • Factor Finders completes research and analysis to make sure your company is lien-free and does not have any lawsuits pending.

 

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Factoring Rates at 0.69% to 1.59% for 30 days

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Why Choose Factor Finders?

No financials needed

No monthly minimums

Flexible terms

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United States

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