Lux Speed, a Florida-based fiber and managed Wi-Fi provider announces a credit line of $50,000,000 with CSC Leasing.  Anacostia Ventures lead the discussions and ultimately secured the line for Lux Speed.

"CSC is a premier capital partner and a perfect fit for Lux Speed's advanced offering" said Steve Canton, Senior Partner at Anacostia Ventures.

"The pandemic has shed light on the importance of amenities in the multi-family, single-family, assisted living, and student housing sectors", said Michael Bertamini, Lux Speed acting CEO. "The largest barrier to advanced technology is traditionally the capital necessary to upgrade infrastructure.  This credit facility will permit Lux Speed to continue expansion without capital restraints".

"We have a fifteen-year relationship with the leadership team at Lux Speed and Anacostia Ventures" said John Corey, CEO at CSC Leasing.  "They've demonstrated a track record of being honest, thought leaders, who are results oriented. We are very excited about this partnership and the long term benefits for both our respective companies."

Lux Speed continues its expansion nationally with state-of-the-art technology, first class customer results, and a passion to equal the broadband playing field coast-to-coast.