Financial Security Services Obtains New Financing

Financial Security Services Inc. (FSS), Dallas, has entered into a new, long-term banking relationship with Bank One. This relationship will provide the capital required by FSS to continue providing line of credit and term loan financing to independent alarm dealers.

“Given the security industry’s recent difficulties in attracting and retaining capital providers, we are very pleased and gratified to be in a position to actively market and expand our loan programs, our billing services, and our monitoring services through Securion Central Control,” said Jeffrey A. Peiper, FSS president and CEO.

Dan Linscott, FSS vice president of marketing and sales, said that “the industry has returned to where it was about ten years ago in terms of capital availability for independent alarm dealers.”

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