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Security Alarm Lending

Financing Solutions for the Electronic Security Alarm Industry

 

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.

Create the Financing Your Organization Needs

Rockland Trust has industry expertise working with a variety of companies in the Electronic Security industry.  We offer secured lines of credit, term loans, cash management services and a wide array of business solutions customized to meet the needs of growing companies.

Commitment Size Up to $25 million
Lending Purposes Acquisitions, internal growth, refinancing, shareholder
buyouts, recapitalization and working capital
Industries
Commercial/Fire Alarm Companies, Residential Alarm Companies,
Video Monitoring Companies, and Wholesale Monitoring Companies
Advance rates 20x to 25x Recurring Monthly Revenue 
Terms  •3 to 5 year revolving credit commitments
•Up to 10 years on real estate
Have Questions? We're Here to Help!
 

Joe Herzog

First Vice President, Lending Center Manager of Security Alarm Lending
Office: 508.830.3241
Cell: 413.822.9826
Email: Joe
 

Joe is the Lending Center Manager for Rockland Trust’s Security Alarm Lending business. Prior to joining Rockland Trust, Joe worked at BDC Capital in a variety of lending roles. Joe is very active in the finance community, currently serving as President of the Secured Finance Network of New England, past President and Director of the New England Chapter of the Risk Management Association, and Director of the Northeast Chapter of the Turnaround Management Association. Joe is a CFA charterholder, a member of the CFA Institute, and the CFA Society Boston.

A graduate of Bentley University, Joe resides in Boston’s Financial District with his wife and daughter. Joe is also a long-time supporter of, and volunteer at, For Kids Only Afterschool, a local nonprofit that provides educational and learning opportunities for children in underserved communities.

Joe Herzog

Gregory Spurr

Vice President, Specialized Lending
Location: Medford, MA
Office: 781.223.7299
Cell: 978.604.1691
Email: Gregory
 

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.

headshot of greg spurr

Tom Meehan

Vice President Security Alarm Lending
Office: 781.982.6389
Cell: 508.728.1375
Email: Tom
 

Tom Meehan is the Relationship Manager for the Security Alarm Lending business at Rockland Trust. Tom has extensive commercial lending experience with an expertise in Security Alarm Lending and Asset Based Lending. A graduate of the University of Massachusetts Amherst with a B.S. in Economics, Tom lives with his wife and four children in Scituate.

Tom Meehan

Additional Resources

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