Amerisource Completes $6,000,000 Credit Facility for Fuel Distribution and Transportation Company


Release Date: 03/15/18


Amerisource Completes $6,000,000 Credit Facility for Fuel Distribution and Transportation Company

We are pleased to announce the closing and funding of a $6,000,000 credit facility for a fuel distribution and transportation Company in Pennsylvania. The proceeds from this facility were used to support their continued growth.

Andy Allaire, Market Manager for Amerisource, stated: “The Company has an experienced management team. We were pleased to provide the needed working capital to help the business grow. Equally, we were able to help their bank as the exposure was growing beyond their comfort level. The bank was able to maintain deposits and real estate loans while Amerisource is providing the working capital.”

About Amerisource Business Capital
Founded in 1984, Amerisource is a direct lender and capital provider to growing businesses throughout the United States with borrowing needs up to $25 million. Amerisource is one of the largest independent finance companies in the nation, having provided over $8 billion in capital to over 1,600 companies across the U.S. Our deep experience and expertise in complex situations allows us to deliver creative solutions that maximize liquidity and flexibility for our clients. Amerisource has clients and offices located throughout the United States. https://amerisource.us.com

Working Capital | Real Estate | Equipment