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Receivables Factoring
Thermo Credit's primary telecommunications funding solution is to advance against a company's receivables, a process known as factoring. However, Thermo Credit is very different from a traditional factor. Our discount rate is usually substantially less than a typical factor because we understand the telecommunications industry and telecommunications billing. Thermo Credit will tailor a program for your company based on the quality of your receivables and the length of time it takes to collect such receivables. Our company also offers the following advantages:
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No personal guarantees |
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Non-recourse agreements |
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Security taken only on the assets being
advanced against |
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Consultative assistance in mergers and acquisitions |
Thermo Credit works with both LEC
Billers and Direct Billers.
The diagram below explains how funding with Thermo Credit works:
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