| Dealer Financing
Program Overview
Loan
Amounts: $150,000 to $1,000,000
Type
of Loans: Term Loans, Revolving Lines of Credit
Loan
Term: 36 to 60 months
Interest/Fees:
Interest = Prime +5%, Program Fee = 5% of Loan
Advance
Rate: 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 dealers or blocks of accounts using the acquired
RMR to repay the loan.
- Consolidate
existing debt. Expand
operations. Buyout partner.
Other
Financing Programs:
- Outright
Purchase of accounts
- Hybrid
Loan/Purchase – retain 50% of accounts
See
an Overview of Services.
AlarmWATCH™
Monitoring Response
Worthy of Your Reputation
P.O.
Box 81, Hunt Valley, MD 21030
410-785-3300 Fax: 410-785-1742
866-500-8808
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