Amerisource Completes $1,000,000 Credit Facility for Transportation Company


Release Date: 08/31/18


Amerisource Completes $1,000,000 Credit Facility for Transportation Company

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a heavy haul transportation company based in Texas. Proceeds of the facility were used for growth-related working capital.

Allison Billings, Regional Market Manager for Amerisource, stated: “We are excited to partner with this local operation to support their growth and continued success. We got this line underwritten and approved very quickly, and the Company was pleased that we were able to meet their targeted timeline. We look forward to participating in this Company’s 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.