Dynamark today announced a new funding program for its alarm dealers, allowing dealers to get loans for their accounts.
“We are proud to offer this one-of-a-kind program to alarm dealers,” Dynamark president Trey Alter, said in the announcement. “It’s great to have a platform that allows a business to increase their portfolio of accounts as well as gain financial stability.”
“The Dynamark Loan and Funding Program empowers dealers to build a portfolio of their in-house accounts that will generate consistent, recurring revenue as they grow their businesses,” the company said in today’s announcement. “It’s possible for dealers to obtain funding for 100% of their accounts, or designate only a portion they choose, which gives the ability to receive cash for transactional business while building long term revenue.”
Alongside this option, the company will also continue to buy accounts directly from dealers, it said.
Before joining the program, dealers can get a consultation from one of Dynamark’s regional managers, without any commitment, the company said.
“It has been incredible to see the success some of our dealers have experienced with the program,” Hank Groff, senior VP of sales and business development said in a prepared statement. “Every dealer is different and it’s important for us to ensure they have the right business strategy that will enable them to succeed.”