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.
If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our FREE digital newsletters!
Related Content
Security Is Our Business, Too
For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Commercial Integrator + Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add to your bottom line.
A FREE subscription to the top resource for security and integration industry will prove to be invaluable.
