Tony Smith

Tony Smith is a Past President of the CAA and a former member of the Board of ESA. He is the Founder, President, and CEO of Security Funding Associates, a leading industry financial services firm. He may be reached at TSmith@SecurityFundingSolutions.com or (855) 723-2229.

An Impending Major Transaction in the Electronic Security Industry Sheds Light on Potential New Lending Practices

Two sources have confirmed that one of our major industry alarm companies is in final negotiations with one of the largest consumer finance companies that serves security alarm dealers (and other verticals) around the country. The price tag for this transaction will purportedly be in the $1 Billion range. Should we be surprised? I do not think so.

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Cybersecurity

DEALER PERSPECTIVE…#34 If You Don’t Have It Yet…Now Is The Time To Get It! Cybersecurity Awareness

You are probably aware of the Colonial pipeline ransomware debacle which recently shut down 45% of the East coast supply of jet fuel and gasoline.  This led to long lines at gas stations as we approached the Memorial Day holiday. This followed similar attacks on JSB Meats (the world’s largest supplier of meat), Solar Winds

DEALER PERSPECTIVE…#34 If You Don’t Have It Yet…Now Is The Time To Get It! Cybersecurity Awareness Read More »

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