Cincinnati, OH (PRWEB) January 19, 2006
CallCommand™, a leading provider of web-based communication solutions to automotive dealers, today announced it has secured a $1 million, two-year working capital credit facility from Silicon Valley Bank, the primary subsidiary of SVB Financial Group (Nasdaq: SIVB). CallCommand has also selected Silicon Valley Bank as its primary financial services provider for the Company’s cash management services.
"We are extremely impressed with the customer focus and in depth understanding of our business that Silicon Valley Bank brings to us as our primary financial partner," said Al Babbington, CEO of CallCommand. "Silicon Valley Bank's experience in the technology industry, it’s growing global presence, and the Bank’s ability to provide us with the cash and debt management solutions we require will help us achieve the aggressive growth targets we have in 2006. This credit facility will further strengthen CallCommand’s financial foundation and provide flexibility as we consider other strategic initiatives."
“It has been our mission for over 20 years to help fast-growth technology and life science companies like CallCommand succeed,” said Bob Blee, senior relationship manager, Silicon Valley Bank. “We are pleased to enter into this new relationship with CallCommand and look forward to providing them with the financial tools they require at every stage of their growth.”
CallCommand is a leading provider of communication solutions for retailers, businesses and government agencies. Their patent pending technology decreases marketing and communication costs while simultaneously improving customer responsiveness. All CallCommand solutions are fully web-based and do not require hardware, software or telephony equipment.
CallCommand is revolutionizing the way companies communicate with their customers and prospects. Using CallCommand’s products and services, organizations throughout the country are improving their owner loyalty, frequency of purchase and dollars spent per visit.
For additional information please contact Lindsay Whitson: phone: 1-877-862-6662, or visit CallCommand’s web site at http://www.callcommand.com.
Additional Press Contact:
Phone: 800.464.8500 x 602