Amerisource Completes $4,000,000 Credit Facility for Oil Field Services Company

Release date: January 3, 2019

Amerisource Completes $4,000,000 Credit Facility for Oil Field Services Company
Houston, TX. January 2019 – Amerisource Business Capital announced the closing and funding of a $4,000,000 credit facility for an oil field services company based in Oklahoma. Proceeds of the facility are being used for working capital and growth financing.

Andy Allaire, Regional Market Manager for Amerisource, stated:

“The company’s ownership and management team are seasoned and well positioned to accelerate business growth. They’ve been a great partner to work with, and we are pleased our new facility will play a key role in achieving that growth. We look forward to working together and seeing them succeed.”

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. www.amerisource.us.com