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Moon Security closes new line of credit

January 20, 2011Martha Entwistle

PASCO, Wash.—Moon Security Services went to a new source, CapitalSource, to secure a $5 million three-year revolving line of credit. Mike Miller, VP of Moon Security, a full-service security company based here, told Security Systems News in early January that the loan will be used, in part, to refinance an existing loan. “We were also able to get an additional line of credit which we'll use for working capital and for future acquisitions,” he said. He added: “We don't have...

Bill Polk, CapitalSource, Mike Miller, Moon Security Services