Square 1 Bank Announces the Extension of $1M Debt Facility to TelStar Hosted Services Inc.
Square 1 Bank is pleased to announce the extension of a one million dollar debt
facility to TelStar Hosted Services Inc., a premier provider of
state-of-the-art, VOIP-based hosted contact center services delivered in the
cloud.
TelStar’s industry proven contact management solutions are
innovative and based on leading edge technologies, and have been used by Small
and Medium Businesses (SMBs) and enterprises for over 10 years. TelStar’s
solution offers more features and functionality than its hosted counterparts,
including intelligent predictive dialing, true blended call center services, and
automated messaging service. TelStar’s hosted solution is highly cost
effective, allowing clients to minimize capital expenditure and use at-home
agents; scalable, stable and reliable with restoral capabilities; and delivered
competitively and proficiently by a highly professional team. In addition,
TelStar provides personalized training, high quality, in-house customer support,
and is housed in a world class, SAS70 compliant, secure facility.
“We’re
impressed with TelStar’s progressive business model and we’re pleased to help
grow a business that shares the visionary, creative approach valued by Square
1,” stated Alan Spurgin, Square 1 Bank Executive Vice President.
“Square
1 Bank has been proactive at identifying and supporting innovative small
businesses, and we’re proud to be included as one of their clients. We’re so
pleased to have Square1 Bank supporting our growth and working capital needs,
and look forward to a lasting relationship as we continue to grow,” said James
P. Dunn, CEO, TelStar Hosted Services Inc.
About Square 1
Bank
Square 1 Bank is a full service commercial bank dedicated
exclusively to serving the financial needs of the venture capital community and
entrepreneurs in all stages of growth and expansion. Square 1's expertise, focus
and strong capital base provide solid support for its clients' needs. The bank
offers tailored products and solutions aided by the latest in technological
innovations. To serve its relationships, Square 1 has offices coast to coast in
Austin, Boston, Boulder, Durham, McLean, New York, San Diego, Santa Monica,
Seattle, and Silicon Valley. For more information, please contact Kristin Beyer,
Marketing and Communications Officer, KBeyer@square1bank.com, 919.314.3126 or visit www.square1bank.com.
About TelStar
Hosted
TelStar Hosted Services Inc., “Your Call Center in the Cloud,” is
a leading communications-as-a-service technology provider offering blended call
center services, predictive dialer capabilities, and automated messaging via the
cloud. Our offerings, housed in a world-class, SAS70 compliant, secure data
center, allow clients to avoid large capital expenditures and benefit from
competitive long distance rates. Our feature rich, sophisticated call center
services are deployed quickly and affordably across a distributed environment.
We are service based culture with a highly motivated and skilled organization.
For more information, please contact Meghan Harris, SVP and CMO, TelStar Hosted
Services Inc., mharris@telstarhosted.com, 571.766.1965 or visit www.TelStarHosted.com.
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