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

Release date: August 31, 2018

Amerisource Completes $1,000,000 Credit Facility for Transportation Company
Houston, TX. August 2018 – Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a heavy haul transportation company based in Texas. Proceeds of the facility were used for growth-related working capital.

Allison Billings, Regional Market Manager for Amerisource, stated:

“We are excited to partner with this local operation to support their growth and continued success. We got this line underwritten and approved very quickly, and the Company was pleased that we were able to meet their targeted timeline. We look forward to participating in this Company’s 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.