Rockland Trust’s Security Alarm Lending Team has over 20 years of industry experience and is well positioned to meet the unique needs of Security providers. We service the Security industry nationwide and are committed to partnering with you to deliver customized financing solutions.
|Commitment Size||$2 Million to $40 Million|
|Lending Purposes||Acquisitions, internal growth, refinancing, shareholder
buyouts, recapitalization and working capital
Commercial/Fire Alarm Companies, Residential Alarm Companies,
Video Monitoring Companies, Dealer
Programs, and Wholesale Monitoring Companies
|Advance rates||20x to 27x Recurring Monthly Revenue|
|Terms||•3 to 5 year revolving credit commitments
•Up to 10 years on real estate
Gregory Spurr is responsible for Security Alarm Lending with Rockland Trust and has over 20 years of lending experience working with both big and small companies within the security alarm industry.
Greg holds an MBA from New York University and his BA from Colgate University. He serves as the President of Board of trustees for the Lawrence Family Development. Inc., and sits on the member of Board of Trustees for Fidelity House Human Services.
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