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Thermo Credit, LLC Provides $5.5 Million in Funding to Unipoint Holdings, Inc.
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.”
About Thermo Credit, LLC
Thermo Credit, LLC is a financial services company focused exclusively on the telecommunications
industry. Thermo Credit serves established, well-run companies that need capital to expand or
improve their operations. The company provides asset based solutions, loans, lines of credit and
capital investment programs to every segment of the telecommunications market. For more
information, visit www.thermocredit.com or contact Seth Block at 504-620-3101.
About PointOne
PointOne established in 1998, is a privately held company headquartered in Austin, Texas, and is a leading facilities based integrated services provider that delivers enhanced communications products and services to the small and mid-size business and the enterprise market. PointOne provides numerous communications products, services and applications including local and long distance, hosted IP telephony, dedicated internet access, voicemail, voicemail to email, Web hosting, reservation-less conferencing, customer directed online portal for account management and other customer centric services. For more information call 1-800-4POINT1 or visit www.pointone.com.
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