LOAN PROGRAM OVERVIEW:
Loan Amounts
$150,000 to $1,500,000+
Type of Loans
Term Loans, Revolving Lines of Credit
Loan Term
36 to 60 months
Interest/Fees
Interest = Prime +6%, Program Fee = 5% of Loan
Advance Rate
Up to 18x Qualified Recurring Monthly Revenue (RMR)
Minimum RMR
Dealer must own at least $10,000 RMR
Collateral
Subscriber alarm monitoring accounts and contracts
Monitoring
Accounts may be monitored by current central station
Customer Billing
In many cases, dealer may continue to perform billing and collections processes.
Use of Funds
- Acquire other alarm dealers or blocks of accounts using the acquired RMR to repay the loan.
- Consolidate existing debt. Expand operations. Buyout partner.
Partner Financing Programs
- Outright Purchase of accounts
- Hybrid Loan/Purchase – retain 50% of accounts
- Factoring
- Leasing
- Consumer Financing
Loan Program
| Loan Amounts | $150,000 to $1,500,000 |
| Types of Loans | Term Loans, Revolving Lines of Credit |
| Loan Amortization | Up to 60 months |
| Interest/Fees | Industry-competitive interest rates and program fee |
| Advance Rate | Up to 15x Qualified Recurring Monthly Revenue (RMR) |
| Minimum RMR | Dealer must own at least $10,000 RMR |
| Collateral | Subscriber alarm monitoring accounts and contracts |
| Monitoring | Accounts may be monitored by current central station |
| Customer Billing | In many cases, dealer may continue to perform billing and collections processes. |
| Use of Funds | Acquire other alarm companies or blocks of accounts using the acquired RMR to repay the loan |
| Consolidate existing debt. Expand operations. Buy out partner. |
Get started now to see if you pre-qualify!