Amerisource Completes $10,000,000 Credit Facility for Staffing Company

Release date: March 2, 2018

Amerisource Completes $10,000,000 Credit Facility for Staffing Company
We recently announced the closing and funding of a $10,000,000 credit facility for an IT staffing company based in California. Proceeds of the facility were used to refinance existing bank indebtedness and provide additional working capital to support growth.

Danilo Chang, Market Manager for Amerisource, stated:

“The Company was introduced to us by its bank, and we are happy to be working with both parties to support them through this period of rapid growth.”

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.