Amerisource Completes $1,000,000 Credit Facility for Oil and Gas Company


Release Date: 09/27/18


Amerisource Completes $1,000,000 Credit Facility for Oil and Gas Company

We are happy to announce the closing and funding of a $1,000,000 credit facility for an industrial cleaning company based in Texas. Proceeds of the facility were used for working capital.

Daniel Martinez, Regional Market Manager for Amerisource, stated: “I was introduced to the Company by its banker, as the oilfield service sector is challenging for many banks right now. Working together, we structured a credit facility that would provide maximum flexibility as the Company continued to grow. We take great pride in our partnerships with local bankers, and this is one of things that allows small business to thrive in the Houston market. We look forward to supporting this client in their continued success.“


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.