Alarm Financial Provides $750K Facility to Sentinel Security

Sentinel Security Solutions has received a new $750,000 senior debt facility from Alarm Financial Services (AFS)._x000D_
_x000D_
Sentinel Security will use the credit facility to consolidate existing debt under more favorable terms, as well as to provide capital to meet the growth demands of the company, according to an announcement. The credit facility includes both a term loan and a revolving line of credit components with increased borrowing ability as Sentinel’s business grows._x000D_
_x000D_
Founded in 2006, Sentinel Security is a family run business by husband and wife Justin and Leela Sherbon, providing access control, intrusion, fire alarm, video surveillance, medical/wellness and audio systems, and home automation._x000D_
_x000D_
“This capital puts us in a position to bring on additional staff and updated software, as well as consolidate existing debt to more favorable terms. Our operations will run smoother through the transitions setting us up to successfully fuel our growing business,” said Leela Sherbon, Sentinel’s vice president._x000D_
_x000D_
Alarm Financial Services provides funding programs for operating alarm dealers throughout the U.S.