Security Partners has announced their new dealer funding program. The wholesale central station, with four national secure operation centers, teamed up with Financial Security, a division of Belmont Finance LLC, to create a program designed to grow dealers’ RMR, build their businesses and maintain ownership of their accounts for the long term.
Mike Bodnar, president of Security Partners, said, “We are funding 36-month and 60-month agreements. There is an ability for continued funding on the account with a line of credit that we’ll establish for the dealer. All throughout, the dealer will be servicing their customer for the short term and the long term, because it will remain their customer at the end of their term.”
Jacob Trone, marketing director of Financial Security, will be working closely to grow dealer relationships and ensure a smooth transition for the dealers to the program. Jacob said, “I know dealer success will come from this program, because we kept the dealers as our main concern in every decision-making process we encompassed.”
The new funding program can be used in conjunction with the Web portal that is accessible to all of Security Partners’ dealers. Bodnar described the Web portal as a “one-stop electronic portal” that creates an online business platform for their dealers to “check a consumer’s eligibility/gain credit approval for the sales, installation and future servicing of a security system; create an electronic agreement for that same approved sale that can be quickly completed and endorsed with an e-signature from the subscriber.”
Aimed at small and mid-sized companies and dealers, the new program will provide funding to secure new business and growth.
“Our program is unique,” Bodnar said. “Security Partner’s vision is to support our dealers and facilitate their continued growth. Our new funding program, where our dealers maintain ownership of their accounts, is yet another example of our commitment to our dealers’ success.”