Security Dealers
CMS has partnered with Osgood Bank, to offer our dealers fast and flexible financing solutions for both your business and your team.
Security Equipment dealers (and Integrators) often find themselves caught between two imperfect options: large banks that move slowly through layers of fees, audits, and a lengthy approval process, and smaller banks that don't fully understand recurring revenue contracts or industry-specific collateral.
Osgood Bank is different. We provide the speed and attention of a community bank while bringing the experience and ability to use recurring monthly revenue and other non-traditional assets as collateral for your loan.
Working Capital Line of Credit & Equipment Loans
Get up to $150,000 to cover equipment, installations, and operation expenses.
RATES STARTING AT
* Prime + 1.50%
+1.5% underwriting fee
-
Term:
24 to 60 Months -
Advance Rate:
Up to 22x Qualified Recurring Monthly Revenue (RMR) -
Rate Discounts:
Available with pledge of additional collateral -
Collateral:
Alarm monitoring accounts and contracts -
Eligibility:
- Contracts must be monitored by CMS
- 5+ years in business
- 500+ accounts monitored
- Personal Guaranty of owner(s)
Account Purchases and Refinances
Get up to $5 million to acquire competitiors, lower payments and free up capital.
RATES STARTING AT
* Prime + 0.50%
+1.5% underwriting fee
-
Term:
Up to 120 Months -
Advance Rate:
Up to 22x Qualified Recurring Monthly Revenue (RMR) -
Rate Discounts:
Available with pledge of additional collateral -
Collateral:
Alarm monitoring accounts and contracts -
Eligibility:
- Contracts must be monitored by CMS
- 5+ years in business
- 500+ accounts monitored
- Personal Guaranty of owner(s)
*Financing is subject to credit approval and underwriting guidelines. The advertised Annual Percentage Rate (APR) is a variable rate based on the Wall Street Journal (WSJ) Prime Rate plus margin. The APR may change monthly based on changes to the WSJ Prime Rate index. Higher rates and alternative terms may apply depending on the applicant's credit history, collateral, and business financials. Security financing is available for commercial purposes only.
Lending Built Around Your Business.
At Osgood Bank, we work closely with security dealers to understand how your business operates - from installation cycles and equipment needs to recurring service revenue.
That focus allows us to offer straightforward financing options and build stronger, long-term partnerships with businesses like yours.
In addition, for larger residential and commercial installations where your customers require financing, we can assist through our equipment financing subsidiary Osgood Funding.
Start the Conversation
Connect with a lender who understands security dealers and how your business operates day to day.
Explore Your Options
Review financing options like lines of credit and refinancing solutions built to support your business.
Confirm Your Plan
Finalize terms, rates, and repayment details designed to align with your business goals and cash flow.
Access Capital
Put your funding to work for projects, equipment, and operations while keeping your cash flow consistent.
Latest Business Articles
