Thermo Credit LLC has announced that it has provided Gibson Technology Solutions a $250,000 factoring facility to be used for business expansion.
Located in New Jersey, Gibson Technology’s services include full outsourcing of an IT department, project-based remediation of services and supplemental resources for additional support.
CEO Andre Gibson commented, “I’m very excited. This new business relationship now provides us the opportunity to purse larger clients and compete with aggressive terms.”
“We are confident that this factoring facility is going to give Andre and his team the working capital they need to take Gibson Technology to the next level,” said Seth Block, EVP of Thermo Credit.
The facility was funded by Thermo Credit’s lending partner, Thermo Communications Funding.
