Daily News: March 27, 2015

Capital One Bank Provides LOUD Revolver

Capital One Bank provided a senior revolving line of credit to LOUD Security Systems. The line of credit will be used to fund growth opportunities including potential acquisitions that match their commitment to customer care along with a strong company culture. Capital One will be sole lender and administrative agent.

“We are very pleased to provide this line of credit to LOUD Security,” said John Robuck, managing director, Capital One Bank. “Over the last 20 years, John Loud has built a company with a track record of solid financial strength and exceptional growth, placing it in an excellent position for acquisitions.”

“We see this revolving line of credit as an essential tool to take our growth—both organic and through acquisition—to the next level,” John Loud says. “Capital One has structured the line of credit to maximize our flexibility.”

Kennesaw, GA-based LOUD Security designs, installs, monitors, and services a complete line of security systems.