Guardian Announces Upgraded Funding Process – Changes Payouts from Weekly to Daily Basis for all Guardian Dealers
Guardian Protection Services Inc., Warrendale, Pa., announced that it is now providing funding to its authorized dealers on a daily basis for the accounts it purchases. “This can make a significant difference in a dealer’s business,” said Brian Helt, vice president Guardian Authorized Dealer Program, stating that the flow of capital on a daily basis can positively impact key factors in a dealer’s operation, ranging from the ability to take advantage of local marketing opportunities to being able to better invest in sales and technical talent.
To achieve its daily funding arrangement Guardian invested in the development of proprietary software, leveraging its internal Information Technology division to build the necessary platform and processes. “If we approve an account on Monday, we fund it on Tuesday,” said Helt. He commented, “I would consider this revolutionary for companies our size and who also have dealer programs. Most hold an account for three weeks before issuing payment to the dealer. It’s their [the dealers’] money that is being held and we don’t believe that to be an optimal position for the dealer. While Guardian was already issuing funding on a weekly basis, we endeavored to do even better for our dealer partners.”