COMPTEL Talks to Our Own Seth Block
TMC’s Erik Linask speaks with ThermoCredit’s Executive Vice President, Seth Block
NEW ORLEANS, LA – June 24, 2008 – Thermo Credit, LLC, a funding company focused exclusively on opportunities in the telecommunications industry, announced today that it has entered into an agreement with Unipoint Holdings, Inc. d/b/a PointOne for a $5.5 million debt facility that will be used by management for growth and corporate expansion.
“We are pleased to be working with the PointOne team. Their proven model and long term goals give us confidence in their ongoing success,” commented Seth Block, Executive Vice President of Thermo Credit.
“The Thermo Credit team has been great to work with on this transaction. Thermo has developed a structure that is a great fit for PointOne and will satisfy our needs going forward,” said Mike Holloway, President and CEO of PointOne. “We are looking forward to continued success thanks to the assistance provided by Thermo.”