Amerisource Business Capital announced the closing and funding of a $10,000,000 senior credit facility and real estate term loan for a Texas based water infrastructure, treatment and recycling firm. The proceeds were used to help fund an acquisition and to support their ongoing working capital needs.

Allison Billings, Regional Market Manager for Amerisource, stated: “We were able to structure a revolver and term facility specific to the company’s needs to help fund the acquisition of a fluid services division of a larger company.” Bill Herrington, EVP of Amerisource added, “Allison and our underwriting team worked quickly to underwrite and deliver a thoughtful structure. We are excited to partner with this management team during a period of rapid growth.”

About Amerisource Business Capital Amerisource is a leading independent direct lender and provider of capital to small and lower middle market businesses seeking senior debt and equity for growth capital, turnaround, or special situations. Founded in 1984, we’ve provided over $2 billion in financing to over 1,600 companies across the US and Canada. Our deep experience and expertise in complex situations allow us to deliver creative structures that maximize liquidity for our clients.