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Thermo Credit Provides $2MM ABL to Civil Solutions Inc.

March 17, 2017, 07:13 AM
Filed Under: Telecom

Thermo Credit, LLC has provided a $2,000,000 asset-based loan to Civil Solutions Inc (CSI).

The San Diego based company is a provider of turnkey network solutions specializing in cellular, microwave and broadband networks. The facility will be used by Civil Solutions for working capital and to fund corporate growth.

Thomas Zorich, Civil Solution’s CFO commented, “I was very impressed with Seth and his team at Thermo Credit. They quickly grasped the nuances of our business and took a 'big picture' view of our industry and company and could see the potential in both. We are very happy to be working with them.”

Seth Block, Executive Vice President of Thermo Credit stated, “We are very excited to be working with Duane, Russ, Tom and the rest of the team at Civil Solutions. This company is poised to have tremendous growth over the next few years and we are pleased to be a part of it.”

The facility was funded by Thermo Credit’s lending partner, Thermo Communications Funding, LLC.

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