Thermo Credit announced it has renewed the credit line for All Access Telecom and extended it from $1 million to $2.4 million in a joint funding with Gulf South Receivables Fund.

Thermo Credit is a finance provider focused exclusively on opportunities within the communications industry. The renewal with All Access is the latest in the companies’ three year financial relationship.

Seth Block, executive vice president of Thermo Credit, commented, “All Access has shown tremendous growth since the beginning of our relationship. The company has excellent potential moving forward and we are pleased to be a part of that.”

All Access, a Texas based wholesale termination provider, is using the financing to support its continued corporate growth and expansion.

The company’s president Lamar Carter commented, “All Access Telecom has experienced strong measured growth in our wholesale termination business since partnering with Thermo Credit and Gulf South. This next round of funding will provide a launch pad enabling us to offer facility based services. Our constant goal is to provide even greater savings and quality services to our clients.”

The Gulf South Receivables Fund is a privately held investment fund focused on participating in accounts receivable financing transactions.