Security Services Funding

According to the National Association of Security Companies (NASC), the security services industry is expected to grow by 7% in 2022. Stay ahead of your competitors and provide your clients with the best security service with up to $500,0000 in funding from Greenbox Capital® as fast as 24 hours.
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Fast Security Services Funding You Can Trust

Security services play a vital role in ensuring the safety of small businesses, their assets, and their clientele. Businesses and governments are increasingly investing in security measures to protect their people, property, and information, fueling significant growth for security services.

Government funding programs and commercial banks often consider security services “high-risk” because of the increased potential for losses resulting from liability claims. As a result, security companies often have difficulty obtaining financing. While you’re waiting for funding, your clients may suffer and valuable opportunities for growth can be lost.

With a streamlined online application, fast turnaround, and flexible approval requirements, Greenbox Capital® can approve more security service funding than traditional lenders. We can also approve funding faster, with funds deposited in as little as one business day. We provide multiple types of security service funding to help grow your business, with funding from as low as $3,000 up to $500,000 and no restrictions on how you can use your funds. We fund all security service businesses in Canada, including physical security, such as guards and other measures to protect property, information security, cybersecurity, and more.

Security Services Funding Rates

Security services funding rates depend on the type of alternative small business funding you receive. Most alternative security business funding options use a factor rate instead of a traditional interest rate. Factor rates are simple decimal figures that show how much “extra” you will owe on the original amount of the loan and are determined based on your risk assessment.

Security Services Funding Solutions in Canada

Our friendly, expert funding advisors will work with you to determine which funding option will help you achieve your goals without compromising your business’s cash flow.

How To Use Security Services Funding

There are no restrictions on how you can use funds from Greenbox Capital. Security service funding is ideal for supporting your business’s working capital, fueling your growth, and providing the high level of service that your security business requires. Use your funding to:

  • Fund pre-employment screening for new hires
  • Purchase equipment such as safety equipment, surveillance equipment, monitoring systems, and more
  • Improve existing security procedures, defenses, and processes
  • Fund expansion plans
  • Invest in employee security development and training
  • Widen your appeal and attract new clients by boosting your marketing
  • Invest in new technologies

Sometimes, security service businesses need a quick infusion of working capital to help meet the unique challenges of their field, such as:

  • Maintaining compliance with business licenses and insurance
  • Providing working capital for growth or restructuring purposes
  • Maintaining a high level of security personnel
  • Dealing with regulatory compliance
  • Managing risk
  • Meeting payroll during slow periods

How Security Services Funding Works

  • 1
    Apply

    Gather 3 months of bank statements and other records. For faster approval, grant us secure access to your bank account’s transactional data.

  • 2
    Choose Funding

    A Funding Advisor will reach out to you within 1 hour (during regular business hours) to complete your application & discuss your funding options.

  • 3
    Get Funded

    Once you and your Funding Advisor determine what funding option works for your business, your funds can be approved and deposited within 24 hours.

  • 4
    Set Repayment

    Payments will be automatically deducted from your business’s daily or weekly debit and credit card sales. Payment amounts will be based on your sales.

Will You Qualify for Security Services Funding?

Exact qualification requirements depend on the type of security services funding you are seeking. Approval for security salon funding from Greenbox Capital isn’t based solely on your credit score or financial history. We focus on the overall health of your business, including:

  • Business revenue
  • Cash flow
  • Vendor payment history
  • Years in business
  • Public records

Security Services Funding Q&A

How can I get funding for a security service business?

You can get funding for a security service business from traditional lenders like the CSBFP or a bank, as well as from alternative lenders like Greenbox Capital. Alternative lenders have more flexible approval requirements that consider the overall health and potential of your business—not just your credit score—and offer revenue-based financing options that are more ideal for businesses with lower credit scores, such as merchant cash advances. Contact one of our Funding Advisors to learn more.

Recruiting and retaining qualified employees is one of the biggest challenges my business faces. The industry is highly competitive, and it’s hard to find qualified workers. Could I use my funds to invest in new talent?

High employee turnover can lead to gaps in coverage and increased expenses. Investing in a high level of security personnel is a great way to utilize your security service business funding. Funds could also be used to invest in security development and training courses for your existing personnel.

Why should I consider an alternative lender for my security service business?

Traditional lenders can take weeks or months to review and approve your loan application. If you’re looking for a way to streamline your cash flow, as an alternative lender, Greenbox Capital has different approval requirements and can approve funding for a security service business. We can provide you with the funds you need to cover project expenses, operating costs, and more, often in less than 24 hours.

Are there any restrictions on how the funds can be used?

There are no restrictions on how your funds can be used. We have a very simple application process, with same-day funding available. To get started, fill out our one-page application form or speak with a Funding Advisor.

Which type of funding is best for a security service business?

A merchant cash advance is one of our popular funding options. We recommend you speak with one of our knowledgeable Funding Advisors—they can help you explore all of the available funding solutions for your business.