Modern Security

Rhode Island-based Modern Security Systems was a one-man show run by Frank Rossi for its first 10 years in business.  As the company now enters its 25th year in business, it has grown into an industry leader offering a rich array of security and automation services to customers up and down the East Coast.  These services include 24-hour monitoring, burglar and fire alarms, CCTV, and card access systems. 

How TimePayment Leasing Helped
        
“I credit a lot of our recent growth to leasing, plain and simple.  Nine-out-of-ten systems are leased by our customers.  And that makes sense because if I can offer you the same solution for a few hundred dollars per month compared to parting with tens of thousands of dollars up front, most customers prefer to keep their money.

Our retail customers are a good example of where leasing is very popular.  Most retail environments see loss prevention as a big initiative.  When we sell a CCTV system into this environment and the customer chooses leasing, the dollars saved in loss prevention are often greater than the monthly lease payment.  That’s pretty compelling.   We’ve been offering leasing with TimePayment for the past two years, and in that time our business has nearly tripled.”

Frank Rossi
Owner
Modern Security Systems
www.modsec.com

Read what other Security Equipment Dealers are saying about TimePayment Leasing.