Thermo Credit LLC, a funding company focused exclusively on the communications industry, announced it has funded a loan facility to Tandem Transit, LLC that will be used for corporate growth.

Seth Block, executive vice president of Thermo Credit commented, “We are very excited to be entering into this facility with Tandem Transit. We feel that the company is poised for great success in 2013 and we look forward to being a part of that.”

Tandem Transit is a New York based Interconnected VoIP Tandem Provider that exclusively serves other telecom service providers. “We are extremely pleased to commence a relationship with Thermo Credit,” cites Mike Burns, president of Tandem Transit. “Aligning ourselves with an obvious industry leader who grasps not only our marketing plan but our development efforts makes this a partnership we are looking forward to growing.”

The facility will be funded by Thermo Credit’s accounts receivable lending partner, Thermo Communications Funding, LLC.

Thermo Credit is a privately held funding company that provides asset based loans, accounts receivable financing and factoring services exclusively to the communications industry.

http://www.tandemtransit.com/