StockGuru News: ATSI Secures $1.2 Million Receivables Financing
ATSI Secures $1.2 Million Receivables Financing ATSI Communications, Inc. (OTCBB: ATSX) SAN ANTONIO, TX–(MARKET WIRE)–Nov 30, 2006 — ATSI Communications, Inc. (OTC BB:ATSX.OB - News) today announced that the company has entered into a $1.2 million accounts receivable financing agreement with CCA Financial Services, Inc. The financing arrangement with CCA will provide ATSI with access to capital to fund its growth initiatives and allow the company access to additional capital in the future as its revenues increase. Frank Angelo, President of CCA Financial Services stated, “The purpose of this funding is to facilitate ATSI’s continued growth in its core VoIP…