Overview
Asset-based loans and factoring services for the communications industry.
Founded
2002
Deals · 12mo
0
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Geographic focus
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Investment portfolio
- All Access Telecom
Led · Equity · Mar 2012
All Access Telecom is an international wholesale carrier based in Texas with points of termination worldwide, providing global telecom connectivity. Its core business is wholesale voice termination and related carrier services aimed at increasing customers’ profitability through high-quality connections. Since its inception in November 2009, the company has pursued domestic termination growth and has repeatedly exceeded sales projections. Management plans to diversify the service offering with the launch of its 800 INTRUDER carrier service in 2012. Financially, All Access has secured repeated working-capital support from Thermo Credit and recently received joint funding from Gulf South Receivables Fund, with Thermo increasing its facility to $1 million and providing an additional $400,000. Thermo Credit's support has been described as asset-based/accounts-receivable-style financing and was cited by management as integral to the company's success amid tight capital markets.
- Access Point
Led · Equity · Jan 2010
Access Point, Inc. is a Cary, North Carolina–based business communications provider and a nationally certified Competitive Local Exchange Carrier (CLEC). The company serves large and medium-sized businesses nationwide with Local and Long Distance, VoIP, Integrated, Internet and Managed Data services. Its CLEC certification supports its ability to pursue national growth opportunities. Financially, the company secured a $4.5M funding facility from Thermo Credit, LLC. Thermo Credit's leadership expressed confidence that the facility will enable Access Point to capitalize on those growth opportunities. The raise signals external financial support to expand operations under its national certification.