ALARM FINANCE FIRM SAFE PARTNERS WITH GE CAPITAL TO FORM DEALER-FRIENDLY LOAN OPERATION
SAN RAMON, Calif.
Security Alarm Financing Enterprises L.P. (SAFE) and GE Capital have announced the formation of a new company, SAFE Financial LLC, a joint venture between the two financial services companies. The new company will offer a full-service financial platform so independent alarm dealers can grow their businesses with the convenience of a one-stop financial shop. SAFE Financial will focus on providing custom-designed loans for maximizing alarm dealer cash flow, while SAFE will continue to gear its activities toward the acquisitions market.
“This new endeavor will continue to elevate SAFE and SAFE Financial as industry leaders in financial service products to the independent alarm dealer,” says Paul Sargenti, SAFE president and CEO. Founded in 1988, SAFE is the 12th-largest alarm firm in the United States.
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