Independent SME funder, Bibby Financial Services (BFS) has approved and funded a young security company despite its new incorporation. 

The team is being led by a director who has been in this industry for over 20 years with of management experience in related sectors, together with his founding partner who attracted and recruited quality and competent staff to meet the stringent requirements of the industry. 

The promoter took this opportunity to set up the company to provide security services to commercial and residential building to address the gaps in service quality in security industry. The team is confident to meet such expectations and to deliver high service standard to their customers through their expertise in this line.    

Sustainable cash flow is always one of the most important area to any security business due to regulatory requirements on workers’ salaries, CPF, and GST. However, young companies are unable to access to credit line to support their working capital requirements due to lack of track record.

With the support from Bibby, the security agency has obtained a revolving funding limit to support their funding requirements to ease their cashflow with their new project, and potentially other up-coming new ones.  

Bibby is happy to work with young companies who have good projects and potential to grow, because we believe in your business.