financing

 

Ask Steve

What do SMBs Want? Ask Yankee Group analyst Steve Hilton. Send your questions to asksteve@yankeegroup.com. Please include your name, city, state and a phone number. Only first names and locations will be published. With apologies to the hip-hop trio Salt-N-Pepa, lets talk about debt, baby. On that lyrical note, this month in Ask Steve we […]

VAR Resources Reaches Milestone of 15,000 Customers

VAR Resources Inc. said Monday it has reached 15,000 customers. The company, which was founded more than 17 years ago, said it has grown in providing financial solutions to the information technology sales channel. With a consultative approach to financial services, VAR Resources is able to approve more than 90 percent of all SMB transactions, […]

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 […]

Thermo Credit Provides $10 Million in Funding to Wireless Reseller

Thermo Credit LLC (Booth 1006), which provides loans, lines of credit, and capital investment programs to telecom companies, has provided Progressive Concepts Inc. (PCI) with up to $10 million in receivables financing. This marks the first time Thermo Credit has funded a company in the cellular MVNO and reseller arena. We are very excited about […]

TELE-SCOPE

LIBRA (SEPT. 23 – OCT. 22) What do I have to do to send you home in this beautiful late-model PHONE+ magazine today? Libra is the charmer, the sweet-talker and the salesman of the Zodiac. Thats right, partners, agents and resellers if youre a Libra, youve got the gift! Like its ruling planet, Venus, Libra […]

Thermo Credit Funds CentricVoice Facility

Thermo Credit LLC, an investment company that funds the likes of Xspedius Communications LLC, on Tuesday announced 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 for a new facility that will replace a credit facility CentricVoice had […]

Carrier Panelists Share Strategies for Finding, Acquiring Funding

Before service providers can say show me the money, they need to understand exactly what venture capitalists and investment banks are looking for when they consider doling out funds. In the session Finance-able Service Providers: Finding and Securing Funds from Investors, panelists will discuss just what it takes to secure the public or private financing […]

American Fiber Systems Closes $25 Million Financing Round

American Fiber Systems Inc., a metropolitan fiber-optic broadband service provider, has completed a $25 million round of financing. The privately held company said it has earmarked the money to expand services, erase $6 million in debt and plan for acquisitions. The financing came from Comerica Bank. AFS is growing revenues rapidly and we found ourselves […]

Comcast Invests in Municipal Wi-Fi Company BelAir

BelAir Networks, which makes equipment for municipal broadband networks, has completed Series C funding led by Comcast Interactive Capital, the financing arm of Comcast Corp., and McLean Watson Capital. This recent round means BelAir now has raised $44 million, says Phil Belanger, vice president of marketing. Existing investors T-Mobile Venture Fund, JPMorgan Partners, VenGrowth Capital […]

Lok Garners $5M in Financing

Lok Technology Inc. (Booth 1019), a manufacturer of secure, integrated network infrastructure appliances, recently secured $5 million in Series A financing from an institutional investor. The company will use the proceeds to fund aggressive sales channels, expand marketing programs and continue adding features and functionality to its AIRlok appliance. With this investment, we will increase […]

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