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LOUD Security Systems Gains Senior Revolving Line of Credit

March 27, 2015

Capital One Bank CommercialCapital One Bank announced that it has provided a senior revolving line of credit to LOUD Security Systems. The line of credit will be used to fund growth opportunities including potential acquisitions that match their commitment to customer care along with a strong company culture. Capital One will be sole lender and administrative agent.

Founded in 1995 and based in Kennesaw, Georgia, LOUD Security designs, installs, monitors, and services a complete line of security systems designed for intrusion and fire detection, access control, video surveillance and home automation. The majority of LOUD’s revenues are derived from services to residential and business subscribers primarily in the Atlanta metropolitan region.

“We are very pleased to provide this line of credit to LOUD Security,” said John Robuck, managing director, Capital One Bank. “Over the last 20 years, John Loud has built a company with a track record of solid financial strength and exceptional growth, placing it in an excellent position for acquisitions.”  At the same time, John Loud has emerged as a leader in the local business community, serving as president of the Kennesaw Business Association and the Georgia Electronic Life Safety and Systems Association. Recently, LOUD Security Systems was named the 2014 Small Business of the Year award winner from the Cobb County Chamber of Commerce.

LOUD Logo“We see this revolving line of credit as an essential tool to take our growth—both organic and through acquisition—to the next level,” John Loud says.  “Capital One has structured the line of credit to maximize our flexibility.”

Capital One’s Security Finance team provides flexible financing solutions to security companies that want working capital, organic creation cost financing, and/or acquisition support. It is part of Capital One Bank’s Commercial and Specialty Finance Business, which serves clients through a team of more than 200 associates with expertise in technology, healthcare, security and defense, asset based lending, rediscount finance, municipal finance, and equipment leasing and finance. Capital One Bank’s Commercial Business leverages a relationship-based banking model that seamlessly delivers an array of products and services including loans and deposit accounts, treasury management services, merchant services, investment banking, international services and correspondent banking.

About LOUD Security Systems, Inc.

LOUD Security Systems was established in 1995.  Since that time the company has grown to become one of Atlanta’s leading and most respected security companies, with approximately 60 employees and nearly 7,000 customers. Our commitment to strong customer service and our dedication to our partners have earned LOUD Security several national and local awards from companies such as Honeywell, First Alert, and HAI. To learn more about LOUD Security Systems, Inc., please click on www.loudsecurity.com. Follow us on Facebook, Twitter & Instagram.

About Capital One

Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N. A., had $205.5 billion in deposits and $308.9 billion in total assets as of December 31, 2014. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels. Capital One, N.A. has branches located primarily in New York, New Jersey, Texas, Louisiana, Maryland, Virginia and the District of Columbia. A Fortune 500 company, Capital One trades on the New York Stock Exchange under the symbol “COF” and is included in the S&P 100 index.

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