Dynamark Security Centers partnered with a financial institution in the alarm industry to offer an account-based loan program to independent alarm dealers. The Dynamark loan and funding program is designed to empower dealers to build a portfolio of their in-house accounts that will generate consistent, recurring revenue as they grow their businesses.
“We are proud to offer this one-of-a-kind program to alarm dealers,” said Dynamark President Trey Alter. “It’s great to have a platform that allows a business to increase their portfolio of accounts as well as gain financial stability.”
Dynamark’s loan and funding program was designed to be flexible and adaptable to the individual needs of a dealer. It’s possible for dealers to obtain funding for 100 percent of their accounts, or designate only a portion they choose, which gives the ability to receive cash for transactional business while building long-term revenue. Dynamark will also continue to offer the option to purchase accounts directly from the dealer.
Before being accepted into the program, a dealer receives a consultation with a Dynamark regional manager. “It has been incredible to see the success some of our dealers have experienced with the program,” said Hank Groff, senior vice president of sales and business development. “Every dealer is different and it’s important for us to ensure they have the right business strategy that will enable them to succeed.”