About Thermo Credit
Thermo Credit is a company based in New Orleans (United States) founded in 2002 by Seth Block and Jim Lynch.. Thermo Credit offers products and services including Loans, Factoring, and Credit Facilities. Thermo Credit operates in a competitive market with competitors including Moniepoint, eCapital, Benefit Street Partners, White Oak Global Advisors and Golub Capital, among others.
- Headquarter New Orleans, United States
- Founders Seth Block, Jim Lynch
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Sectors
Financial Services
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1.5 M (USD), Debt – Conventional
Aug 28, 2019
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Investors
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Employee Count
Employee Count
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Products & Services of Thermo Credit
Thermo Credit offers a comprehensive portfolio of products and services, including Loans, Factoring, and Credit Facilities. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides loans for business growth in tech sectors.
Offers factoring to manage working capital needs.
Delivers secure credit for company expansion.
Funding Insights of Thermo Credit
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $1.5M
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First Round
First Round
(28 Aug 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2019 | Amount | Debt – Conventional - Thermo Credit | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Thermo Credit
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Thermo Credit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Thermo Credit Comparisons
Competitors of Thermo Credit
Thermo Credit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Moniepoint, eCapital, Benefit Street Partners, White Oak Global Advisors and Golub Capital, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Integrated financial services are provided for businesses and individuals.
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| domain | founded_year | HQ Location |
Provider of asset-based, supply chain, and invoice financing solutions
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| domain | founded_year | HQ Location |
Credit-focused alternative asset management firm
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| domain | founded_year | HQ Location |
Offers customized capital and lending products to support business growth needs.
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| domain | founded_year | HQ Location |
Private debt investments are managed for U.S. middle market companies.
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| domain | founded_year | HQ Location |
Financial and wealth management services are provided worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Thermo Credit
Frequently Asked Questions about Thermo Credit
When was Thermo Credit founded?
Thermo Credit was founded in 2002 and raised its 1st funding round 17 years after it was founded.
Where is Thermo Credit located?
Thermo Credit is headquartered in New Orleans, United States. It is registered at New Orleans, Louisiana, United States.
What does Thermo Credit do?
Thermo Credit was founded in 2002 in New Orleans, United States, as a provider of business loans. Operations are centered on financing solutions for small and medium-sized enterprises within the financial services sector. Services include tailored loan products designed to support business growth and operations. The company is led by co-founders Seth Block and Jim Lynch, with Lynch serving as president. Geographic focus remains on the U.S. market.
Who are the top competitors of Thermo Credit?
Thermo Credit's top competitors include eCapital, Golub Capital and Clearinghouse CDFI.
What products or services does Thermo Credit offer?
Thermo Credit offers Loans, Factoring, and Credit Facilities.