TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
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Top 5 Apps for Organizing
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The Importance of Stretching
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SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
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SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
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It’s a Marathon, Not a Sprint
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It’s Not Too Late – Five Member Benefits to Cash In On Now
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It’s Time To Break Up With Your Phone
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Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
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Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
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How to be a Good Leader
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
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A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
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Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
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July 20, 2021
Source: PR Web
ThermoCredit LLC, a funding and fintech company, has created a $250,000 line of credit for ASC Partners to fund the growth of their other business interests.
Thermo Credit LLC has entered into an agreement with ASC Partners to provide a rapid access credit facility. The $250,000 factoring facility has been created for ASC Partners to continue growth of other business interests.
“ASC Partners approached ThermoCredit about a creating a credit facility to help fund other business opportunities and we were only too happy to be their finance company of choice,” said Seth Block, ThermoCredit’s Executive Vice President. “Clients like ASC Partners are the kinds of companies ThermoCredit works with every day. ThermoCredit is about funding our client’s business roadmap so they can meet their financial goals.”
Neil Maslansky of ASC Partners stated, “Selecting ThermoCredit was not a difficult choice for us. The company has been easy to work with and their approval process was quick compared to other lenders. This additional line of credit will give us a little extra financial agility for the right opportunities and provide support to our other business interests. ThermoCredit met our financial needs and we are very happy with the results.”
Since 2002 Thermo Credit has provided funding for hundreds of businesses in the Communications and Technology industries. As a privately held funding company, ThermoCredit has access to significant funding resources and has provided over $1,000,000,000 worth of capital to companies with growth plans. Our team is comprised of people who come from a range of financial backgrounds, including tier one investment banking houses, business founders, and credit analysts. Thermo Credit is not a bank or venture capital. We are a lender providing financial support to your business while you keep control. ThermoCredit helps remove the roadblocks on your roadmap to success.
About Thermo Credit, LLC
Thermo Credit is a privately held funding company providing financial solutions in the form of asset based loans, accounts receivable financing, factoring services, and more. Since 2002, ThermoCredit has provided over $1,000,000,000 in financing to hundreds of companies seeking alternatives to conventional banking. Financial liquidity options to growing companies, while allowing ownership to retain equity is the cornerstone of ThermoCredit’s business focus. For more information, visit http://www.thermocredit.com or contact Seth Block at 504-975-8599. Press and media inquiries can be directed to David Goldstone of The Small Marketing Agency at 321-689-3335 or dgoldstone@hotmail.com
About ASC Partners
ASC Partners is a privately held holding company for a variety of assets. For more information, contact Neil Maslansky at 202-664-4009.
