Tag: Jim Wooster
AFS provides financing for multiple alarm company acquisitions
August 16, 2024SSN Staff
SAN RAFAEL, CA – Alarm Financial Services, Inc. (“AFS”) has recently helped two west coast alarm companies secure financing for growth and expansion in their respective markets.
R.J. Protec Security, Inc. (“Protec”) of Murietta, CA and Safe & Sound Alarm Systems, Inc. (“Safe & Sound”) of Bend, OR worked with AFS to secure funding so they could acquire local competitors.
According to Jim Wooster, President of AFS, Inc., "For the last several years...
AFS gets new credit facility
September 29, 2011Martha Entwistle
CORTE MADERA, Calif.—Alarm Financial Services plans to help more small- and medium-sized alarm companies finance growth with a new credit facility it closed with RBS Citizens Bank, AFS president Jim Wooster announced this week.“We fit a niche for smaller loans, from $150,000 to about $1.5 million or perhaps up to $2 million,” Wooster said. He added: “That's well below what traditional banks in the alarm industry like to lend. Because of their scale, traditional lenders like...