Amerisource Completes $2,000,000 Credit Facility for Staffing Company


Release Date: 09/18/18


Amerisource Completes $2,000,000 Credit Facility for Staffing Company

Amerisource Business Capital announced the closing and funding of a $2,000,000 credit facility for an IT staffing company based in Illinois. Proceeds of the facility were used to refinance the Company’s bank line of credit and provide additional working capital to support growth.

Andy Allaire, Regional Market Manager for Amerisource, stated: “This client has been in business for many years with stable ownership and management. While the Company’s management considered several financing options, they chose Amerisource as the lender with competitive pricing and the most flexible terms, including a high advance rate. We look forward to our new partnership.”


About Amerisource Funding | Amerisource Business Capital
Amerisource Business Capital is a leading independent asset-based provider of capital to middle-market and small businesses that have financing needs beyond traditional bank capabilities. Founded in 1984, and with offices nationwide, Amerisource has provided over $7 billion in financing to companies in markets throughout the United States. Our extensive lending experience in complex situations allows us to deliver rapid responses and maximum availability of capital.