Joomla Templates and Joomla Extensions by JoomlaVision.Com

Telecom Review North America


Latest Issue

Telecom Review's Interview with Marc Halbfinger, CEO of PCCW Global

Telecom Review Summit 2017

Jeff Seal Interviews Zayo President Mike Strople

Telecom Review's Jeff Seal Moderates Submarine Fiber Optic Gathering

Socialize with us

Banner
Banner
Banner
Banner
Banner
Banner
Banner
Banner
Banner
Banner
Banner
Banner
Banner
Thermo Credit Completes $1,500,000 Factoring Facility with Process Cellular PDF Print E-mail
Wednesday, 04 September 2019 07:27


Thermo Credit, Inc. completed a $1,500,000 factoring facility with Process Cellular, LLC, a wholly owned subsidiary of Bettwork Industries, Inc.

The Southern California based company offers general contracting services to the telecommunications industry, specializing in cellular tower construction and maintenance. Thermo Credit successfully negotiated multiple intercreditor agreements in order to provide the funds which will be used to manage cash flow needs in anticipation of continued growth.

Thermo’s Executive Vice President Seth Block stated, “We anticipate tremendous activity in the tower modification arena in 2019 and beyond. We appreciate the faith that Bob and his team have in entrusting Thermo Credit to be their financial partner moving forward.”

ProCell’s CEO Bob Harden commented, “Seth has made the whole process clean and easy, not only getting the account set up but maintaining our ongoing process. The Thermo team is very responsive to our requests and makes sure everything is balanced and correct. It is like having a big THERMO blanket in a blizzard!”