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Capital One Bank Provides a Revolving Line of Credit to LOUD

March 27, 2015, 07:46 AM
Filed Under: Security Systems

Capital One Bank announced it has 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.

Founded in 1995 and based in Kennesaw, Georgia, LOUD Security designs, installs, monitors, and services a complete line of security systems designed for intrusion and fire detection, access control, video surveillance and home automation. The majority of LOUD’s revenues are derived from services to residential and business subscribers primarily in the Atlanta metropolitan region.

“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.”  At the same time, John Loud has emerged as a leader in the local business community, serving as president of the Kennesaw Business Association and the Georgia Electronic Life Safety and Systems Association. Recently, LOUD Security Systems was named the 2014 Small Business of the Year award winner from the Cobb County Chamber of Commerce.

“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.”

Capital One’s Security Finance team provides flexible financing solutions to security companies that want working capital, organic creation cost financing, and/or acquisition support. It is part of Capital One Bank’s Commercial and Specialty Finance Business, which serves clients through a team of more than 200 associates with expertise in technology, healthcare, security and defense, asset based lending, rediscount finance, municipal finance, and equipment leasing and finance. Capital One Bank’s Commercial Business leverages a relationship-based banking model that seamlessly delivers an array of products and services including loans and deposit accounts, treasury management services, merchant services, investment banking, international services and correspondent banking.

LOUD Security Systems was established in 1995.  Since that time the company has grown to become one of Atlanta's leading and most respected security companies, with approximately 60 employees and nearly 7,000 customers. Our commitment to strong customer service and our dedication to our partners have earned LOUD Security several national and local awards from companies such as Honeywell, First Alert, and HAI.

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