Thermo Credit/First Avenue Funding Announces $1,500,000 Factoring Facility with a large cement company in central Texas

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Birmingham, AL — October 8, 2024 — Thermo Credit/First Avenue Funding announces the completion of a $1,500,000 factoring facility with a large cement company in central Texas.

 

The Texas-based company offers comprehensive concrete solutions for residential and commercial customers.

 

The company is a major part of the construction industry in Central Texas. They deliver cement ready to use and in the time manner that is essential to complete projects

 

They have a large fleet of trucks to fulfil any build from small to very large.

 

Seth Block, National Director of Sales For Thermo Credit/First Avenue Funding stated, “We anticipate tremendous growth in this area of Texas for the next several years. Our facility will ensure the company can scale without incurring cash flow issues.

 

About Thermo Credit

 

Thermo Credit is a privately held funding company providing asset-based loans, accounts receivable financing and factoring services primarily to the communications and technology industries.

 

 

About First Avenue Funding

 

First Avenue Funding provides alternative funding solutions to businesses across various industries. With a commitment to innovation and client-focused service, First Avenue Funding offers a range of financial products, including factoring, asset-based lending, and purchase order financing.

 

For more information, please email Seth@thermocredit.com.