Case Study

€3m provided for security firm via invoice finance

€3m provided for security firm via invoice finance

€3m provided for security firm via invoice finance Summary Securway At Risk Security Group Ltd is one of Ireland’s oldest and largest security services providers. With a workforce of over 500 employees, they provide security and related services to a wide range of customers. The company offers a nationwide service across multiple industry sectors through offices in Dublin and Cork. Business challenge The company had a factoring facility with another provider that required extensive operational time to run on a daily basis. An alternative was required to not only reduce the amount of administration time for the business, but to also provide financial flexibility to bid for larger contracts with potential new customers.Solution Close Brothers Commercial Finance initially provided a €2.25 mil

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