Amerisource Completes $1,000,000 Credit Facility for Transportation Company

Release date: April 26, 2018

Amerisource Completes $1,000,000 Credit Facility for Transportation Company
We are happy to announce the closing and funding of a $1,000,000 revolving credit facility for a growing transportation company in Colorado. Proceeds of the facility were used to support the Company’s continued growth.

Nic Wagner, Market Manager for Amerisource, stated:

“Although this Company was only recently capitalized, the Company’s ownership and executive team have extensive experience and deep roots in the energy industry. As a result, the Company has already seen tremendous business growth, significantly outside what a conventional bank could finance. Since our first meeting, we knew this was a great fit for us, and we are looking forward to partnering with their team in pursuit of their goal to become an industry leader.”

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.