TMCnet News
Thermo Credit, LLC Provides $2 Million Loan to Civil Solutions Inc.Thermo Credit (News - Alert), LLC has provided a $2,000,000 asset based loan to Civil Solutions Inc (CSI). The San Diego based company is a provider of turnkey network solutions specializing in cellular, microwave and broadband networks. The facility will be used by Civil Solutions for working capital and to fund corporate growth. Thomas Zorich, Civil Solution's CFO commented, "I was very impressed with Seth and his team at Thermo Credit. They quickly grasped the nuances of our business and took a 'big picture' view of our industry and company and could see the potential in both. We are very happy to be working with them." Seth Block, Executive Vice President of Thermo Credit stated, "We are very excited to be working with Duane, Russ, Tom and the rest of the team at Civil Solutions. This company is poised to have tremendous growth over the next few years and we are pleased to be a part of it." The facility was funded by Thermo Credit's lening partner, Thermo Communications Funding, LLC. About Thermo Credit, LLC Thermo Credit is a privately held funding company that provides asset based loans, accounts receivable financing and factoring services. Specializing in the communications and technology industries, Thermo Credit serves established, well-run companies that need capital to expand their business, improve operations or fund an acquisition. For more information, visit www.thermocredit.com or contact Seth Block at 504-620-3101. About Civil Solutions Inc. Civil Solutions Incorporated provides turnkey network solutions specializing in cellular, microwave and broadband networks. The company provides wireless network construction and engineering services to the wireless industry with customers T-Mobile, Verizon (News - Alert), AT&T and Sprint, as well as large integrators such as Ericsson and Black & Veatch. For additional information visit www.csicommunications.com. View source version on businesswire.com: http://www.businesswire.com/news/home/20170316005020/en/ |
