Announcement

Collapse
No announcement yet.

By the Numbers - Streicher's Uniforms

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • N. A. Corbier
    replied
    Originally posted by ff000525
    Its good to see there is a plan for a "proper" security company going up in my area. I have had an inkling about NA starting a company, but he never let on how serious he was about it in his posts. The only question I have is... with the cost of inital start-up, are you (NA) going to be able to offer competative prices in this area? The general attitude toward most "security" here is "wow! you can provide security for 8% less than what I'm paying now? The account is yours!" Not trying to throw a wet blanket on your party, I was just wondering.
    I'm planning on going after two types of accounts initially:

    - WBS has failed us. We're getting charged by the city/county for nusance calls. We need protection, not reporting.

    - Sites that feel that they require sworn LEOs to patrol, then find out that we're cheaper.

    Leave a comment:


  • ff000525
    replied
    Its good to see there is a plan for a "proper" security company going up in my area. I have had an inkling about NA starting a company, but he never let on how serious he was about it in his posts. The only question I have is... with the cost of inital start-up, are you (NA) going to be able to offer competative prices in this area? The general attitude toward most "security" here is "wow! you can provide security for 8% less than what I'm paying now? The account is yours!" Not trying to throw a wet blanket on your party, I was just wondering.

    Leave a comment:


  • hemi444
    replied
    Originally posted by N. A. Corbier
    Firearm is the Springfield Armory XD in .45 GAP, which comes with (3) 9-round magazines. Its .45, so 9+1 in the pipe is sufficient.

    Good choice.

    Leave a comment:


  • Mr. Security
    replied
    Originally posted by N. A. Corbier
    It'll be added to your uniform account.
    Good come-back.

    Leave a comment:


  • N. A. Corbier
    replied
    Originally posted by Mr. Security
    No problem. Of course there will be a referral fee....
    It'll be added to your uniform account.

    Leave a comment:


  • Mr. Security
    replied
    Originally posted by N. A. Corbier
    Notice the part about Credit Decision. I know what your saying, so I'll start shopping around for SBA Perferred Financial Institutions. The SBA Loan Officer at Chase specifically said, "We want personal collateral." But, that was for a 7a loan, not SBA Express.

    Thanks.
    No problem. Of course there will be a referral fee....

    Leave a comment:


  • N. A. Corbier
    replied
    Originally posted by Mr. Security
    Notice the part under Collateral.


    SBAExpress

    About Program

    Issue:
    SBAExpress

    Maximum Loan Amount:
    $350,000

    Maximum SBA

    Guaranty %:
    50%

    Interest Rate:
    Lenders and borrowers can negotiate the interest rate. Rates are tied to the prime rate (as published in the Wall Street Journal) and may be fixed or variable, but they may not exceed SBA maximums:

    Lenders may charge up to 6.5 percent over prime rate for loans of $50,000 or less and up to 4.5 percent over the prime rate for loans over $50,000

    Eligibility Decision:
    By SBA, Qualified Lenders May be granted Authorization to make eligibility determinations

    Revolving Lines

    of Credit:
    SBAExpress allows revolving loans up to 7 years with maturity extensions permitted at the outset

    Turnaround Time:
    Within 36 Hours

    Forms:
    Lender Uses Mostly Own Forms and Procedures

    Collateral:
    Lenders are not required to take collateral for loans up to $25,000.
    Lenders may use their existing collateral policy for loans over $25,000 up to $150,000.

    For Loans greater than $150,000, follows SBA's general collateral policy

    Credit Decision:
    By Lender


    Purchase:
    May request expedited SBA purchase on small loans or in situations where liquidation may be delayed.
    Notice the part about Credit Decision. I know what your saying, so I'll start shopping around for SBA Perferred Financial Institutions. The SBA Loan Officer at Chase specifically said, "We want personal collateral." But, that was for a 7a loan, not SBA Express.

    Thanks.

    Leave a comment:


  • Mr. Security
    replied
    Notice the part under Collateral.


    SBAExpress

    About Program

    Issue:
    SBAExpress

    Maximum Loan Amount:
    $350,000

    Maximum SBA

    Guaranty %:
    50%

    Interest Rate:
    Lenders and borrowers can negotiate the interest rate. Rates are tied to the prime rate (as published in the Wall Street Journal) and may be fixed or variable, but they may not exceed SBA maximums:

    Lenders may charge up to 6.5 percent over prime rate for loans of $50,000 or less and up to 4.5 percent over the prime rate for loans over $50,000

    Eligibility Decision:
    By SBA, Qualified Lenders May be granted Authorization to make eligibility determinations

    Revolving Lines

    of Credit:
    SBAExpress allows revolving loans up to 7 years with maturity extensions permitted at the outset

    Turnaround Time:
    Within 36 Hours

    Forms:
    Lender Uses Mostly Own Forms and Procedures

    Collateral:
    Lenders are not required to take collateral for loans up to $25,000.
    Lenders may use their existing collateral policy for loans over $25,000 up to $150,000.

    For Loans greater than $150,000, follows SBA's general collateral policy

    Credit Decision:
    By Lender

    Purchase:
    May request expedited SBA purchase on small loans or in situations where liquidation may be delayed.

    Leave a comment:


  • N. A. Corbier
    replied
    Originally posted by Mr. Security
    Have you tried to get a SBA Loan? They are designed for small start-up businesses where capital and collateral are inadequate for a typical bank loan. The SBA loans are not difficult to get because the loan is backed by a guarantee from the government. Banks like the guarantee because it minimizes their risk of having a non-performing loan. Check it out and see if your type of business would qualify.
    Yeah, I have an advisor at Chase bank. Before we apply for SBA loans, we have a few SBA seminars we're "encouraged" to attend. Basically, with a killer business plan, a few thousand in personal granuity, and documented "business owner" classes, your chances for getting a SBA Microloan or 7a loan are greatly improved.

    Leave a comment:


  • Mr. Security
    replied
    Originally posted by N. A. Corbier
    When I find someone stupid (?) enough to back me financially, or we save up enough money, then you can start. I'm not used to spinning my wheels, and trust me, it pissses me off that I just can't throw down some plastic, start things up, and get out on the street. It should take me two 8-hour work days to get everything together. Alas, that's two 8-hour work days and a metric ton of capital.
    Have you tried to get a SBA Loan? They are designed for small start-up businesses where capital and collateral are inadequate for a typical bank loan. The SBA loans are not difficult to get because the loan is backed by a guarantee from the government. Banks like the guarantee because it minimizes their risk of having a non-performing loan. Check it out and see if your type of business would qualify.

    Leave a comment:


  • N. A. Corbier
    replied
    Originally posted by ACP01
    Your welcome.

    Maybe in a few years the .45GAP will be popular enough that finding ammo will not be a problem. Noone around here carries GAP except the gun store where I saw the one at and his choice was limited to one type.
    Its new. You know the ordinance companies are with new variants of bullets. Unless they're making it themselves, your hard pressed to find it.

    Ie: .300 Winchester vs .308, etc.

    Leave a comment:


  • ACP01
    replied
    Originally posted by N. A. Corbier

    The math is obvious. .45 GAP is "hotter" than .45 ACP (+P load to accomodate the shorter casing), and the .45 ACP carries more rounds. Oh, and I can actually find ammo for it.

    Thanks.
    Your welcome.

    Maybe in a few years the .45GAP will be popular enough that finding ammo will not be a problem. Noone around here carries GAP except the gun store where I saw the one at and his choice was limited to one type.

    Leave a comment:


  • N. A. Corbier
    replied
    Originally posted by ACP01
    N.A.,
    Sringfield now has the XD in .45ACP with either 12 or 13 in the magazine plus one in the chamber. The price listed on their site is the same as the .45GAP.
    I was thinking about going with the .40 but am now looking at the .45ACP

    Just thought you might like the info.
    I just got off Springfield Armory's site, and saw that. The math is obvious. I hope Streicher's can carry that weapon. They should be able to get it, obviously, because they have a "WE WILL GET IT. GUARANTEED."

    The math is obvious. .45 GAP is "hotter" than .45 ACP (+P load to accomodate the shorter casing), and the .45 ACP carries more rounds. Oh, and I can actually find ammo for it.

    Thanks.

    Leave a comment:


  • ACP01
    replied
    Originally posted by N. A. Corbier
    Firearm is the Springfield Armory XD in .45 GAP, which comes with (3) 9-round magazines. Its .45, so 9+1 in the pipe is sufficient.
    N.A.,
    Sringfield now has the XD in .45ACP with either 12 or 13 in the magazine plus one in the chamber. The price listed on their site is the same as the .45GAP.
    I was thinking about going with the .40 but am now looking at the .45ACP

    Just thought you might like the info.

    Leave a comment:


  • N. A. Corbier
    replied
    Unarmed security is a staple of private security, but there are already unarmed warm body providers in Kenosha and the surrounding areas. My first tactic is to identify potential clients who require a higher level of service, due to higher risk or inability of the warm body providers to safely protect their establishment. This usually means that I'll be sending out armed officers with high training standards.

    It would be stupid for me to disregard unarmed security, but to me, unarmed security means "no firearm." Employees will be deployed with everything but a firearm, so that they are capable of managing situations as needed. They will, hopefully, also have armed patrol officers available to assist them if the situation escalates - especially in areas where the local police are overwhelmed or unable to secure adequate units and require to stage for 30 minutes nearby before responding.

    I've had police officers stage 3 blocks from my site in Tampa for 45 minutes till 4 officers were available, on hot shooting calls. I don't blame them, but still. That's still one person alone out there.

    When I find someone stupid (?) enough to back me financially, or we save up enough money, then you can start. I'm not used to spinning my wheels, and trust me, it pissses me off that I just can't throw down some plastic, start things up, and get out on the street. It should take me two 8-hour work days to get everything together. Alas, that's two 8-hour work days and a metric ton of capital.

    I'm going to, well, shop around the State Venture Capital services, and hope that someone recongizes what I'm trying to do. As I line things up, its just a matter of money and resources now.

    And trust me, it isn't fun on my end to admit that I'm having to sit in idle, either.

    Leave a comment:

Leaderboard

Collapse
Working...
X