NorthStar Launches Affiliate Funding Program
NorthStar hired industry veteran Nick Perry to lead the dealer program as vice president of business development.
OREM, Utah — Residential security and automation provider NorthStar Home, based here, has launched an Authorized Affiliate Funding Program. Through this new channel, NorthStar will fund qualified security and automation systems originated and installed by independent companies.
The addition of the Affiliate Program will complement NorthStar’s direct-to-home model while offering a platform for dealers of all sizes to access capital and plug into a proven system, according to the company.
“NorthStar offers a fresh take on the dealer funding model,” says Jason Christensen, who founded the company in 2000. “Our years of success as a full service, direct-to-consumer home automation company, along with our state-of-the-art tools, and strategic capital partnerships, puts NorthStar in a unique position to offer a truly remarkable program.”
To lead the Affiliate Program, NorthStar has hired Nick Perry as vice president of business development. Perry previously oversaw dealer sales and development at Security Networks, a national security dealer program that was acquired by Monitronics in 2013.
“There has always been a disconnect between funding programs and their dealers,” says Perry. “We are here to change that and bring a level of support, understanding, and transparency that dealers have been asking for. This is a true partnership where we remain continuously engaged with our affiliates. It is also the first program to offer the potential of long-term upside that rewards our affiliates for the success of the overall business. We are aligned with one another’s interests every step of the way, and that creates an environment where everyone wins.”
NorthStar’s product and services portfolio includes wares from Honeywell’s Lyric Series, including home security, surveillance cameras, smoke detection and sensors, smart thermostats, lighting control and more.
The company is currently accepting Authorized Affiliate applications nationwide. Security dealers can learn more about the program by contacting Perry at (888) 832-9332 or firstname.lastname@example.org.
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