ThermoCredit entered into an agreement to provide a $250,000 line of credit to ASC Partners, a privately held holding company for a variety of assets, to fund the growth of the company’s business interests.
Asset based lender Thermo Credit provided a $2 million factoring facility to 15 Rivers Ready Mix, a Texas-based manufacturer and distributor of ready-mix concrete.
Thermo Credit provided an asset-based loan to H/Cell Energy that was used to finance an acquisition that will expand the geographic reach, technical services capability and customer base for HCCC.
Thermo Credit extended a $1.15 million line of credit to Digerati Technologies. The facility included a $500,000 revolving line of credit as well as a $650,000 term note and supported a series of acquisitions by the company.
Thermo Credit extended a $1 million line of credit to Cloud Computing Concepts, a Florida-based technology and communications service provider.
Thermo Credit provided a $2 million factoring facility to Xperttechnology.
Thermo Credit provided a $300,000 factoring facility to general contractor SiteSol.