Amerisource Completes $500,000 Credit Facility for Distribution Company

Release date: June 21, 2018

Amerisource Completes $500,000 Credit Facility for Distribution Company
Houston, TX. June 2018 – Amerisource Business Capital announced the closing and funding of a $500,000 credit facility for a distributor of parts and components for light and heavy-duty trucks based in Nebraska. Proceeds of the facility were used for general working capital and to support growing sales.

Andy Allaire, Market Manager for Amerisource, stated:

“Despite being a relatively new business, the Company’s management team has significant industry experience. Their existing banker referred the Company to Amerisource in an effort to retain the Company’s growing deposit base and ancillary banking needs. Our team worked well with the Company through the approval process, and we are looking forward to our continued partnership.”

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 has offices located throughout the United States.