Amerisource Completes $2,000,000 Credit Facility for Staffing Company

Release date: September 18, 2018

Amerisource Completes $2,000,000 Credit Facility for Staffing Company
Houston, TX. September 2018 – Amerisource Business Capital announced the closing and funding of a $2,000,000 credit facility for an IT staffing company based in Illinois. Proceeds of the facility were used to refinance the Company’s bank line of credit and provide additional working capital to support growth.

Andy Allaire, Regional Market Manager for Amerisource, stated:

“This client has been in business for many years with stable ownership and management. While the Company’s management considered several financing options, they chose Amerisource as the lender with competitive pricing and the most flexible terms, including a high advance rate. We look forward to our new partnership.”

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.