Capital One Bank Provides a Revolving Line of Credit to LOUD Security Systems
Capital One Bank, Chevy Chase, Md., announced that it has provided a senior revolving line of credit to LOUD Security Systems, Kennesaw, Ga. The line of credit will be used to fund growth opportunities including potential acquisitions that match their commitment to customer care along with a strong company culture. Capital One will be sole lender and administrative agent.
Founded in 1995 by owner John Loud, LOUD Security designs, installs, monitors, and services a complete line of security systems designed for intrusion and fire detection, access control, video surveillance and home automation. The majority of LOUD’s revenues are derived from services to residential and business subscribers primarily in the Atlanta metropolitan region.