Thermo Credit, LLC has provided a $2 million 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.
“I was very impressed with Seth and his team at Thermo Credit,” said Thomas Zorich, Civil Solution’s CFO. “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, EVP of Thermo Credit, added, “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 lending partner, Thermo Communications Funding LLC.
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