NEW ORLEANS--(BUSINESS WIRE)--Thermo Credit, LLC, a funding company focused on the communications industry, announced today that is has provided a $300,000 factoring facility to United States Tower Services.
Thermo Credit provided the facility to the Maryland based cell tower construction and maintenance company for further business growth. Seth Block, Thermo’s Executive Vice President commented, “Thermo is very excited to be a part of US Tower’s growth plan. I have been very impressed with Dave and his team’s operational acumen and I believe our factoring facility will help them get to the next level.”
US Tower Service’s Dave Wolf stated, “The funding process has gone smoothly and we are looking to Thermo Credit to help in our expansion. I would recommend Thermo to others in our industry.”
The facility will be funded by Thermo Credit’s lending partner, Thermo Communications Funding.
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 United States Tower Services, Ltd.
United States Tower Services is a privately held small business based in Frederick County, Maryland. The company’s business encompasses the sale, installation, construction, inspection, maintenance, repair, restructure, service and support of communications towers, antenna array systems and related facilities. Services are provided for large broadcast, microwave, two-way and wireless structures used by commercial TV and radio (FM/AM) broadcasters, government (DOD, and civilian Federal, State & Local) and commercial two-way radio users and the rapidly growing wireless telecommunications industry. United States Tower also supports the rapidly growing cell communications sector with upgrades and new cell sites.