Monday, July 6, 2009

StarTek Gets Credit Facility

Denver-based StarTek, a provider of business process outsourcing (BPO) services, disclosed today that the firm has gained a $15M, credit facility from UMB Bank Colorado. The firm said the new credit facility replaces a $10M facility it had with Wells Fargo Bank. According to the firm, the funding facility will provide it with necessary capital to execute on its near term strategic objectives. StarTek provides customer service and other BPO services to telecommunications and other customers.