Vision Security Closes $35M Syndicated Loan

Vision Security, a Utah-based home automation and monitored security services company, closed a $35m syndicated loan transaction.

The PrivateBank and Trust acted as the lead agent.

Founded in 2006 by Rob Harris, CEO, and Dan Noble, President, Vision Security offers:
– Solar Lit Signs
– Door/Window Sensors
– Motion Detectors
– Smoke Detectors
– Carbon Monoxide Detectors
– Glass Break Sensors
– Medical Pendants
– Cellular radio pieces, and
– Two-way voice modules,

According to Noble, “the credit facility serves to strengthen Vision’s ability to achieve key growth milestones, that include projecting to grow our approximately $500,000 in recurring monthly revenue by 75 percent or more this year”.



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