FirstLight Fiber Boosts Capital Profile

FirstLight Fiber, a facilities-based telecommunications service provider operating in Upstate New York and Northern New England, has secured an expanded line of credit with its lenders GE Capital, and Webster Bank. The company plans to leverage its larger line of credit to expand its fiber network further, to drive continued organic and strategic growth, and to support customer-related expansion.

“We are pleased with the strong support from GE Capital and Webster, both of whom are well-respected financial leaders in this industry,” said Kurt Van Wagenen, president and CEO of FirstLight. “The expanded credit line provides the flexibility and resources necessary to allow FirstLight to continue investing in large-scale customer projects and positions FirstLight to continue to be the provider of choice for businesses and carriers seeking high quality communications solutions.”