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Thermo Credit to Facilitate IBFA Asset Auction

July 14, 2014, 07:08 AM
Filed Under: Industry News

Thermo Credit, LLC, a financial services provider specializing in the communications industry, announces its facilitation in the asset auction of the telecommunications provider IBFA Acquisitions, LLC.

The assets are to include IBFA’s telecommunications customer base as well as machinery, equipment, inventory, accounts receivable, securities, licenses, permits, patents, customer information, etc. The auction will be held Wednesday, July 23, 2014 at 2:00 pm central time in Chicago. Bidders may also attend the auction by speakerphone without being there in person.

Additional information related to the assets including vendor COGS, billing outputs, personnel and support infrastructure are available in detail upon request.

Thermo Credit is a privately held funding company that provides asset based loans, accounts receivable financing and factoring services primarily to the communications industry. Thermo Credit serves established, well-run companies that need capital to expand their business, improve their operations or fund an acquisition.
 





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