Recent Deals Highlights:  $750,000 Garden Iron Wholesaler

Release date: June 15, 2003

Houston, TX – Amerisource has provided a $500,000 A/R Purchase Faclility to a service automation system installer.

This iron products wholesaler was formed in early 2001 by owners with several years experience in the industry. The company obtained a $700,000 purchase order with a large retail chain and needed funds to pay their supplier and get the order completed. To finance this large order, the company’s banker referred them to Amerisource. Amerisource coordinated the front-end financing with a purchase order finance shop, funding the remaining proceeds to the company once the order had been shipped and received. Amerisource’s creativity and quick response allowed this company to take advantage of growth opportunities! Now that’s Freedom to Grow®!


About Amerisource Funding
Amerisource is one of the largest independent finance companies in the nation, having provided over $6 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 48 months. Amerisource Funding has offices located throughout the United States.

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Jaylene Cyr (713) 863 8300 Ext. 239