Thermo Credit, LLC Provides $4.5 Million in Funding to Access Point, Inc.
Thermo Credit, LLC, the leading provider of financial services to the telecommunications industry, today announced the funding of a $4.5 million facility to Access Point, Inc.
Thermo Credit Announces 15 Telecommunications Funding Commitments in 2008.
Thermo Credit is pleased to announce the completion of a successful 2008. Highlights from the second half of the year include:
Telecommunications and Internet Managed Service Provider: $5 million asset based loan used for business expansion
Facilities-Based CLEC: $2.5 million loan used for working capital
Long Distance Provider: $3.5 million loan used in the acquisition of a long distance provider customer base
Facilities-Based CLEC: $800,000 loan used for corporate growth