NEW ORLEANS, LA – Thermo Credit, LLC announced today that it has provided a $2,000,000 factoring facility to Xperttechnology, Inc.
The Miami-based wholesale long distance provider intends to utilize the additional capital for growth and business expansion. Xperttechnology’s President Carolina Martins stated, “For us, working with a company like Thermo is a great opportunity to grow and explore our potential to the fullest. We are very excited with this new alliance.”
Thermo’s Executive Vice President Seth Block commented, “Xpert is poised to see tremendous growth over the next few years. I am pleased that our facility will provide the working capital they need achieve that growth.”
About Thermo Credit, LLC
Thermo Credit is a privately held funding company that provides asset based loans, accounts receivable financing and factoring services primarily to the communications industry. Thermo Credit serves established, well-run companies that need capital to expand their business, improve their operations or fund an acquisition. For more information, visit www.thermocredit.com or contact Seth Block at 504-620-3101.
About Xperttechnology Inc.
Xperttechnology Inc. is a telecom company incorporated under the laws of Florida and interconnected worldwide. Xpertechnology provides VoIP solutions that allow customers to connect to anyone, anywhere worldwide while offering the highest quality service and reliability. Services include H323 and SIP support, TDM support, real time traffic analysis, a Sonus infrastructure compatible with most 3rd party vendors and web access and management of accounts.