{"id":4873,"date":"2006-08-14T00:00:00","date_gmt":"2006-08-14T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"ritchie-capital-finance-provides-financing-to-accessline-communication","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/08\/2006\/ritchie-capital-finance-provides-financing-to-accessline-communication.html","title":{"rendered":"Ritchie Capital Finance Provides $8 Million in Financing to AccessLine Communication"},"content":{"rendered":"<p><em>Chicago, Illinois\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u009dAugust 14, 2006\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u009dRitchie Technology &amp; Life Science Finance, a division of Ritchie Capital Finance, announced that it has recently closed $8 million in debt financing toAccessLine Communications Corporation, a Seattle, Washington-based firm that provides an array of hosted VoIP (Voice over Internet Protocol) services for the business market nationwide.<\/p>\n<p>\u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cAfter reviewing our financial goals, the Ritchie Technology &amp; Life Science Finance team truly understood our current needs and produced the best financing solution,\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d said Doug Johnson, CEO ofAccessLine. \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cWe look forward to working with them.\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d<\/p>\n<p>AccessLine provides hosted communications and managed voice services primarily to the commercial market. Unlike most other VoIP providers, AccessLine offers clients a wide array of product choicesand allows customization of services. Further, with superior customer service, AccessLine is able to offer its clients the ability to modify and adjust their services with the possibility ofintegrating updates quickly.<\/p>\n<p>\u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cAccessLine\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s ability to set itself apart from the competition in the VoIP market indicates the strength of the firm as well as the strength of its product offering. AccessLine\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s competitiveadvantage is undeniable, for customers always appreciate the flexibility of a product that can be tailored to meet their needs,\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d said Farhaan Hassan, managing director of Ritchie Technology &amp;Life Science Finance. \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cWith a great management team at the helm of AccessLine, the potential for growth in this emerging market is evident, making this an ideal investment.\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d<\/p>\n<p>About AccessLine<br \/>AccessLine Communications provides hosted VoIP services for the business market nationwide. The company\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s turn-key VoIP service is easy to implement, cost effective, and delivers a broad range ofpowerful features. With a customer base of more than 100,000 business users, AccessLine provides unprecedented application quality, functionality and customer support. AccessLine recently won the\u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cProduct of the Year\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d award from Internet Telephony Magazine, the \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cPulver100\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d Award for top VoIP growth companies and the \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cRed Herring 100\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d award for the best 100 private companies in America.AccessLine partners with both agents and resellers to rapidly enter the voice market.<\/p>\n<p>About Ritchie Capital<br \/>Ritchie Capital is a diversified alternative asset management firm established in 1997 with interests in hedge funds, commodities, private equity, specialty lending units, venture capital, insurance,energy and real estate and with offices in Chicago and Geneva IL, New York, London, Bermuda, Hong Kong and Menlo Park, CA.<\/p>\n<p>Ritchie Capital Contact:<\/p>\n<p>Justin Meise<br \/>(845)473-5692<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chicago, Illinois\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u009dAugust 14, 2006\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u009dRitchie Technology &amp; Life Science Finance, a division of Ritchie Capital Finance, announced that it has recently closed $8 million in debt financing toAccessLine Communications Corporation, a Seattle, Washington-based firm that provides an array of hosted VoIP [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-4873","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=4873"}],"version-history":[{"count":0,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4873\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=4873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=4873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=4873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}