This program is designed for dealers who have an established business and want to use their recurring revenue to obtain a single cash advance in an amount no less than $100,000. Term loans are often used to acquire accounts or buyout partners.

The Term loan works as follows:

Single advance is made with level monthly payments of principal and interest beginning the following month with repayment terms of three to five years available. A short interest only period or longer amortization periods may be available on a case by case basis.
The loan advance multiple is up to 20-24 times (including recurring revenue resulting from a financed acquisition).
Criticom bills accounts advanced against in your name. You have continuous online access to subscriber account information.
Cash collected from subscribers is used to cover the cost of billing and to make the required level payments of principal and interest. Excess cash is returned to you each month.