Dynamark Monitoring, based in Hagerstown, Md., received a multi-year, $20 million revolving line of credit from Rockland Trust’s Security Alarm Lending Group. 

Dynamark  provides wholesale security monitoring services for more than 500 security alarm dealers and retail security services for over 13,000 customers across the United States at its TMA Five Diamond-accredited monitoring facility. Proceeds from the revolving line of credit will be used to support Dynamark’s acquisition strategy as it expands a growing footprint. 

“The security alarm lending team at Rockland Trust has developed a solid working relationship with the executive leadership team at Dynamark. We look forward to strengthening this partnership and assisting Dynamark in their continued success,” said Joe Herzog, senior vice president of specialized lending at Rockland Trust. “We have a seasoned team of security alarm lending professionals managing a robust portfolio that continues to grow. We are pleased to partner with an industry leader such as Dynamark.” 

Dynamark Monitoring CEO Trey Alter, commented, “Rockland has been terrific to work with and very supportive as we have rapidly expanded our business. This financing will allow us to continue our growth strategy and further develop some of the industry's most innovative monitoring technologies to support dealers.” 

Dynamark Monitoring was represented by SPP advisors.