Amerisource Completes $1,000,000 Credit Facility for Mechanical Repair Company
Release Date: 01/11/19
Amerisource Completes $1,000,000 Credit Facility for Mechanical Repair Company
Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a mechanical repair and service company based in Texas. Proceeds of the facility will provide working capital to support growth. Amerisource also issued a standby letter of credit to a key supplier.
Justin Carter, Regional Market Manager for Amerisource, stated: “We are pleased to welcome this Client to the Amerisource family. Their recent addition of two new partners has created tremendous business growth, and we look forward to providing the financing needed to support that growth.”