news


Thermo Credit Rolls Out Contract Financing, Funds CentricVoice

Thermo Credit LLC (Booth 1006) is funding VoIP services provider CentricVoice Inc. with up to $1 million in receivables financing. And for the first time, Thermo Credit also is delving into contract financing. It is laying out an initial $500,000 in contract financing for CentricVoice.

We always look for A+ companies to work with whenever we roll out a new service offering, said Seth Block, executive vice president of external operations for Thermo Credit. With its quality product and outstanding management team, CentricVoice fits that bill.

The $1 million replaces a credit facility CentricVoice had with Silicon Valley Bank.

Thermo Credit is unique in its understanding of the telecom space, particularly in our specialization of business-class VoIP on a managed network, said Porter Farrell, CentricVoices co-founder and executive vice president. Their funding structures mesh ideally with our rapid growth, so the fit is perfect.

CentricVoice Inc. www.centricvoice.com

Thermo Credit LLC www.thermocredit.com


Leave a comment

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Polls

In our Channel Influencer Awards digital issue, we highlighted eight technologies ready to "take off" in the channel this year. Which two will take off the most?

View Results

Loading ... Loading ...
The ID is: 75353