Briscoe Protective Systems Enters into Multimillion-Dollar Credit Facility and Banking Agreement with Suffolk County National Bank
Briscoe Protective Systems has announced that the company has joined with Suffolk County National Bank in a multimillion-dollar credit facility and banking agreement. Briscoe will use its newly established line of credit to expand its business through acquisitions of other companies.
For the past 35 years, Briscoe has provided world-class solutions with top-of-the-line fire and security alarm products and services. The company provides alarm installation support from its NICET certified factory-trained technicians; 24-hour service and software support; and system engineering.
“We are very proud to join forces with a local bank such as Suffolk County National Bank,” said Bob Williams, President, Briscoe Protective Systems “Thanks to this available credit, Briscoe can now grow throughout the Long Island and New York metropolitan areas by acquiring other smaller fire and security service providers.”
“Because of Briscoe’s long-term relationship with its prior loan officer and its successful track record, we were able to accommodate the company’s request for a line of credit,” said Mike Orsino, Executive Vice President/Chief Lending Officer, Suffolk County National Bank. “We look forward to continuing our business relationship with Briscoe.”