BHI closed a $15 million credit facility for Hotwire Communications, a national fiber optics internet cable provider for residential and commercial buildings based in Fort Lauderdale, FL.
“BHI is open for business despite COVID-19 and we are actively serving South Florida middle market clients that operate locally and nationally. We take a personal approach and work in collaboration with our clients to deliver tailored financing solutions that meet their objectives and support their strategies for growth. BHI is very pleased to provide support and financing for Hotwire Communications, which provides services that have become even more critical in the pandemic,” Eduardo Hornero, senior vice president and team leader of BHI’s Florida representative office, said.
“The pivot to remote work, services and education this past year has made connecting people through reliable and high-speed fiber networks more important than ever,” Kristin Johnson, co-founder and CEO of Hotwire Communications, said. “With BHI’s support, Hotwire Communications has continued to build that critical infrastructure so we can deliver our services to the families and communities in the markets we serve.”
“For middle market companies, the ability to have confidence in their bank is essential now in the COVID crisis. We support our clients as they assess their core fundamentals and move toward their long-term goals,” John Yoler, executive vice president and head of BHI’s U.S. representative offices, said.
