FirstLight Fiber, a facilities-based telecommunications service provider, announced today it has secured an expanded line of credit with its lenders GE Capital, and Webster Bank. The expanded credit line enables FirstLight to expand its fiber network operating in Upstate New York and Northern New England and to take full advantage of robust market demand in the region. The Company plans to leverage its larger line of credit to drive continued organic and strategic growth, and to support customer-related expansion.
“We are pleased with the strong support from GE Capital and Webster, both of whom are well-respected financial leaders in this industry. The expanded credit line provides the flexibility and resources necessary to allow FirstLight to continue investing in large-scale customer projects and positions FirstLight to continue to be the provider of choice for businesses and carriers seeking high quality communications solutions,” stated Kurt Van Wagenen, President and CEO of FirstLight.
To learn how more about FirstLight Fiber and its suite of advanced telecommunications services, visit www.firstlight.net.