ELGIN, Ill. — To build on the value of priority response, Security Equity Partners (SEP) has launched a new funding program specifically designed for dealers selling Videofied solutions.
As part of the program, SEP will pay Videofied installers a 24 multiple on a 36-month contract or a 31 multiple on a 48-month contract. After the specified period, the account returns to the alarm dealer at full value.
“We want to provide financing so that the alarm companies can fund their Videofied alarm installations,” SEP Founder James Miller says. “Our program is unique because we understand the value of a video verified account and are willing to pay a higher multiple.”