Sentry Security Solutions of Dallas recently refinanced a senior credit facility with Alarm Financial Services Inc. (AFS). The new loan facility includes a five-year term loan. In addition to refinancing existing debt under favorable terms, Sentry will use the loan facility to continue supporting its growth.
Sentry specializes in commercial and residential security, including multi-family units and apartment complexes serving the state of Texas. Sentry was founded in 2013 by a local Texas management team, bringing a combined 30 years in the security and alarm industry.
“We are excited to be working with Nick McAmis and the rest of his team at Sentry,” said Jim Wooster, president of AFS. “They have some great opportunities for growth and we are glad we can assist in their success.”
AFS provides funding programs from $150,000 to $1,500,000 to small and medium-sized security, fire alarm and Personal Emergency Response System (PERS) companies.
“Our relationship with AFS will afford us the ability to grow at a faster pace and free up cash flow,” said Nick McAmis, president of Sentry.