Amerisource Completes $1,000,000 Credit Facility for Canadian Oilfield Company


Release Date: 08/29/18


Amerisource Completes $1,000,000 Credit Facility for Canadian Oilfield Company

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for an oilfield tools and equipment services company based in Canada. Proceeds of the facility were used to provide working capital for growth.

Allison Billings, Regional Market Manager for Amerisource, stated: “We are thrilled to welcome this new client to the Amerisource family. Their sister company, a U.S. entity, is also an Amerisource client, and we have enjoyed an excelled relationship with them to date. We look forward to partnering with both of these companies as they continue pursuing their growth strategies.”


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.