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

Release date: October 31, 2018

Amerisource Completes $1,000,000 Credit Facility for Food Services Company
Houston, TX. October 2018 – Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a seafood processing company based in Washington. Proceeds of the facility are being used for working capital and growth financing.

Andy Allaire, Regional Market Manager for Amerisource, stated:

“We are excited to welcome this new client aboard. The Company has a seasoned management team, and the private equity sponsors in the business has fortified the Company’s capital base. We were pleased to deliver a financing structure that provided the Company and PE firm with the capital and flexibility they were seeking.“

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.