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Thermo Credit Provides Factoring Facility to Gibson Technology Solutions

March 01, 2016, 07:49 AM
Filed Under: Telecom

Thermo Credit, LLC provided Gibson Technology Solutions a $250,000 factoring facility to be used for business expansion. The facility was funded by Thermo Credit’s lending partner, Thermo Communications Funding, LLC.

Seth Block, Executive Vice President of Thermo Credit commented, “We are confident that this factoring facility is going to give Andre and his team the working capital they need to take Gibson Technology to the next level.”

Located in New Jersey, Gibson Technology’s services include full outsourcing of an IT department, project based remediation of services and supplemental resources for additional support.

CEO Andre Gibson stated, “I’m very excited. This new business relationship now provides us the opportunity to purse larger clients and compete with aggressive terms.”

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

Gibson Technology Solutions (a New Jersey Corporation) was founded in 2009 after a group of the top IT professionals recognized the need for innovative computer solutions at competitive rates. Today, Gibson Technology continues to deliver cost effective IT solutions to organizations seeking quick and easy access to information. Gibson’s clients bridge many industries and a myriad of requirements, but they all share a need to increase productivity and save money by leveraging our expertise. Gibson Technology offers a full range of technology consulting services up to and including outsourcing entire IT operations on a contracted basis.

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