Amerisource Completes $1,000,000 Credit Facility for Oilfield Tools Company

Release date: June 21, 2018

Amerisource Completes $1,000,000 Credit Facility for Oilfield Tools Company
Houston, TX. June 2018 – Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for an oilfield tools and equipment Company in Texas. Proceeds of the facility were used to support business growth.

Allison Billings, Market Manager for Amerisource, stated:

“The Company was referred to Amerisource by its CPA. We were able to quickly underwrite and approve a credit facility to ensure the client has access to capital needed for its continued growth. It has been a pleasure working with the Company during the onboarding process. We were pleased to deliver a facility that meets the Company’s needs and look forward to working with them as they pursue their business growth objectives.”

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 has offices located throughout the United States.