web statswebsite tracking software Financing Security Guard Companies by Factoring & Invoice Discounting

Over 17 Years in Business

Recent Transactions

£100,000

To Small Van Courier providing deliveries in Ireland.

£250,000

To Small fashion importer and exporter

You can’t leave your employees waiting for payment just because you are waiting to be paid by your customers. Your people are your lifeblood. However you might be juggling late customer payments against payroll demands, new employment legislations and compliance with tax requirements. You can take advantage of our innovative financing solutions for security guard companies so that you can focus on what you do best.

Regulatory requirements

As an employer employing the services of security guards, you are mandated to fulfil various regulatory requirements. Some of the key requirements include:

  • You have to deduct tax and National Insurance Contributions (NIC) from your employees’ pay each pay period under the PAYE (Pay As You Earn) system
  • Pay Employer’s Class 1 NICs if they earn above a certain threshold
  • Pay these amounts to HM Revenue & Customs (HMRC) monthly or quarterly. If you don’t send the correct amount, or if you send it late, you may have to pay interest

At 1st Commercial Credit, we are aware of your challenges. Hence we have come out with flexible solutions so that you can free up your time to focus on growing your business.

Invoice Discounting Rates Starting at 1.59% to 3.5%

  • No monthly requirements.
  • No financials needed.
  • No setup fees

Factoring and Credit Insurance Facility

You can use our factoring and credit insurance facility to keep cash flowing smoothly into your business. Some of the major features of our facility for security companies are:

  • You can release cash from unpaid client invoices
  • We provide as high as 85 percent of the value of approved invoices
  • Our decisions are not based on your financials or tax returns but on the credit strength of your clients
  • We expedite initial funding in 3 to 5 working days
  • We collect your customer payments
  • Provide protection against customer’s insolvency or non-payment of invoices for an additional cost
  • Credit control through telephone chasing and dispatch of collection letters
  • Sales ledger management (with input of invoices, credit notes, banking and input of cash received, ledger reconciliations, production and despatch of statements and letters)

Invoice Discounting Rates Starting at 1.59% to 3.5%

  • No monthly requirements.
  • No financials needed.
  • No setup fees