NEW ORLEANS, LA – Thermo Credit, LLC announced today that it has provided a $750,000 credit facility to ATSI Communications, Inc.
Thermo Credit, a funding company focused exclusively on opportunities within the communications industry, provided the asset based loan to assist ATSI with corporate growth. Seth Block, Executive Vice President of Thermo Credit commented, “We are very excited for the opportunity to be working with ATSI. They have demonstrated an ability to grow and prosper in the wholesale space over the last several years and we are certain that this facility will help them meet their aggressive growth plans.”
ATSI is a premier provider of global VoIP services based in San Antonio, TX. Antonio Estrada Jr., ATSI’s Senior VP of Finance commented, “We are thrilled to have secured this financing with Thermo Credit. This funding will facilitate our business expansion during our new fiscal year that commenced August 1. The credit facility allows us the flexibility to provide improved terms to credit worthy customers and assists us with the cash management required as our revenue and customer base increase.”