LEC Billed Telecom Financing

Companies utilizing LEC Billing typically receive payment of their invoices 60-90 days after services have been rendered. Unfortunately, most of your vendors will not wait that long to receive payment. Thermo Credit works with your company to enter into a third party agreement with your billing company. Once this is accomplished, Thermo Credit purchases your company's receivables on a basis consistent with the way you have historically sent bills: weekly, bi-weekly, or monthly. A settlement statement is generated weekly that takes into account all payments on your accounts and pays any overages back to you. Thermo Credit's experience working with several of the major billing companies makes the telecom financing transition both efficient and seamless.