Amerisource Completes $1,000,000 Credit Facility for Energy Services Company

Release date: November 9, 2018

Amerisource Completes $1,000,000 Credit Facility for Energy Services Company
Houston, TX. October 2018 – Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a geological services company in Oklahoma. Proceeds of the facility are being used for working capital needed to support sales growth.

Nic Wagner, Regional Market Manager for Amerisource, stated:

“We were pleased to provide this credit facility to allow the client to prepare for significant revenue growth. And our flexible facility structure lacks non-use fees, so our client can manage its expenses if the additional growth is not as robust as predicted. We look forward to partnering with them through this exciting time in their business.“

About Amerisource Business Capital | Amerisource Funding
Amerisource is one of the largest independent finance companies in the nation, having provided over $7 billion in capital to borrowers and clients through both its asset based lending arm (Amerisource Business Capital) and its A/R financing arm (Amerisource Funding). Amerisource has offices located throughout the United States.