When Bryan Granelli and Gary Slodowski founded Patriot Security Group in 2011, they brought over 50 years of collective experience in the contract security services industry. That solid foundation resulted in solid growth and that’s what brought the two to UCEDC and its Community Advantage 7a financing option.
Kearny-based Patriot Security Group is a contract-based security service company providing uniformed security officers to a broad base of industries. With over 100 employees servicing 25 locations, including schools, office buildings, gated communities, and commercial office parks, Bryan and Gary soon found themselves coming up short on their cash flow to meet payroll. They needed working capital to cover the typical 30-day delay in payment from their clients.
The Community Advantage 7a loan program was the perfect solution. Its flexible collateral requirements allowed Bryan and Gary to borrow $100,000, giving them the cash cushion they were looking for along with the salary for a operations supervisor to help them support their clients.
"Ellen McHenry and her team at the UCEDC really helped our firm at a critical time in our growth," recalls Gary. "When traditional banks refused to help our firm we turned to UCEDC and through Ellen's counseling and guidance we were able to secure the loan we needed"
Contact Gary and Bryan at Patriot Security
580 Kearny Ave
Kearny, NJ 07032