NEW ORLEANS, La - July 28, 2006 - Thermo Credit, LLC, a receivables funding company that focuses exclusively on opportunities in the telecommunications industry, announced today that it has entered into an agreement with CentricVoice, Inc. to provide up to $1,000,000 in receivables financing as well as an initial $500,000 in contract financing. This new facility replaces a credit facility CentricVoice had with Silicon Valley Bank.
Contract financing is a new funding product offered by Thermo Credit, LLC. Seth Block, Executive Vice President of External Operations for Thermo Credit commented, “We always look for A-plus companies to work with whenever we roll out a new service offering. With its quality product and outstanding management team, CentricVoice fits that bill.”
According to Porter Farrell, CentricVoice’s co-founder and Executive Vice President, “Thermo Credit is unique in its understanding of the telecom space, particularly in our specialization of business class VOIP on a managed network. Their funding structures mesh ideally with our rapid growth, so the fit is perfect.”
About Thermo Credit, LLC
Thermo Credit, LLC is a receivables funding company specializing in the Telecom Industry. Thermo Credit serves established, well-run telecommunications companies that need capital to expand their businesses. Thermo Credit works with long distance resellers, competitive local exchange carriers, internet service providers, wireless carriers, and various other telecommunications companies. For more information, please contact Seth Block at 504-620-3101 or
seth@thermocredit.com or visit www.thermocredit.com.
About CentricVoice, Inc.
CentricVoice, Inc., headquartered in Dallas, is a privately-held company with a nationwide footprint providing a suite of IP products, including Voice, Data, and enhanced features that include Hosted PBX, IPVPN, web conferencing, video conferencing, and IP phones. CentricVoice provides services to the SMB and Enterprise market through direct sales and an aggressive partner channel focused on ISPs, CLECs, Interconnects, and new market entrants
providing VoIP services. For more information, please contact Porter Farrell at 214-329-4218 or pfarrell@centricvoice.com or visit www.centricvoice.com.
