Amerisource Completes $1,000,000 Credit Facility for Oil and Gas Company

Release date: September 27, 2018

Amerisource Completes $1,000,000 Credit Facility for Oil and Gas Company
Houston, TX. September 2018 – We are happy to announce the closing and funding of a $1,000,000 credit facility for an industrial cleaning company based in Texas. Proceeds of the facility were used for working capital.

Daniel Martinez, Regional Market Manager for Amerisource, stated:

“I was introduced to the Company by its banker, as the oilfield service sector is challenging for many banks right now. Working together, we structured a credit facility that would provide maximum flexibility as the Company continued to grow. We take great pride in our partnerships with local bankers, and this is one of things that allows small business to thrive in the Houston market. We look forward to supporting this client in their continued success.“

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.