About Thermo Credit
Thermo Credit is a Financial Services company based in New Orleans (United States) founded in 2002 by Seth Block and Jim Lynch. Business loans are provided to companies by Thermo Credit. Thermo Credit offers products and services including Loans, Factoring, and Credit Facilities. Its focus areas include Consumer and SME Loans, SME Loans and Diversified. Its competitors include eCapital, Benefit Street Partners and White Oak Global Advisors; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters New Orleans, United States
- Founders Seth Block, Jim Lynch
- SectorsFinancial Services
- Phone•••• ••••
- Website thermocredit.com
- Social LinkedIn X Facebook YouTube
- Latest Funding Round$1.5M (USD), Debt – Conventional
Aug 2019
Products & Services of Thermo Credit
Thermo Credit offers a comprehensive portfolio of products and services, including Loans, Factoring, and Credit Facilities.
Provides loans for business growth in tech sectors.
Offers factoring to manage working capital needs.
Delivers secure credit for company expansion.
Apps and channels of Thermo Credit
its YouTube channel The Funding University has 7 subscribers.
Funding Insights of Thermo Credit
- Total Rounds 1
- Last Round Debt – Conventional — $1.5M
- First Round $1.5M
(Aug 2019)
All 1 funding rounds of Thermo Credit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2019 | $1.5M | Debt – Conventional | – | – | – |
People of Thermo Credit
2 people are tracked at Thermo Credit (2 in leadership).
| Name | Role | Group |
|---|---|---|
Seth Block | Co-Founder | Leadership |
Jim Lynch | Co-Founder & President | Leadership |
Complete people profiles for Thermo Credit
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Thermo Credit
2 dated milestones of Thermo Credit across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Thermo Credit is founded.
- Funding First funding round of $1.5M.
Competitors of Thermo Credit
Thermo Credit has 3 listed competitors in our database, 1 of them funded. They include eCapital, Benefit Street Partners and White Oak Global Advisors.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ecapital.com | 2006 | Miami, United States | 49 | Provider of asset-based, supply chain, and invoice financing solutions | ||
| benefitstreetpartners.com | 2008 | New York, United States | $235M | Credit-focused alternative asset management firm | ||
| whiteoaksf.com | 2007 | San Francisco, United States | 400 | Offers customized capital and lending products to support business growth needs. |
Detailed competitors of Thermo Credit
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Related news about Thermo Credit
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Frequently Asked Questions about Thermo Credit
Thermo Credit was founded in 2002 and raised its 1st funding round 17 years after it was founded.
Thermo Credit is headquartered in New Orleans, United States. It is registered at New Orleans, Louisiana, United States.
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.
Thermo Credit's top competitors include eCapital, Benefit Street Partners and White Oak Global Advisors.
Thermo Credit offers Loans, Factoring, and Credit Facilities.