Amerisource Completes $1,000,000 Credit Facility for Manufacturer

Release date: April 26, 2018

Amerisource Completes $1,000,000 Credit Facility for Manufacturer
We are pleased to announce the closing and funding of a $1,000,000 credit facility for a grease and lubricant manufacturer in Texas. Proceeds of the facility were used to support working capital and business growth.

Allison Billings, Market Manager for Amerisource, stated:

“We are excited to welcome this new client to the Amerisource family. We were able to underwrite the transaction very quickly and deliver the exact structure the company was looking for.”

About Amerisource Funding | Amerisource Business Capital
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 prides itself on outstanding client service and boasts an industry-best client retention rate in excess of 50 months. Amerisource Funding has offices located throughout the United States.