Amerisource Completes $3,500,000 Credit Facility for Wholesale Fuel Distribution Company


Release Date: 01/16/19


Amerisource Completes $3,500,000 Credit Facility for Wholesale Fuel Distribution Company

Amerisource Business Capital announced the closing and funding of a $3,500,000 credit facility for a wholesale fuel distribution company based in Texas. Proceeds of the facility will be used for working capital and to support their rapid growth including a letter of credit sublimit to support a vendor.

Daniel Martinez, Regional Market Manager for Amerisource, stated: “We are excited to deliver a capital solution to this new client, and we look forward to partnering with the management team to achieve their growth plans.”

About Amerisource Business Capital
Founded in 1984, Amerisource is a direct lender and capital provider to growing businesses throughout the United States with borrowing needs up to $25 million. Amerisource is one of the largest independent finance companies in the nation, having provided over $8 billion in capital to over 1,600 companies across the U.S. Our deep experience and expertise in complex situations allows us to deliver creative solutions that maximize liquidity and flexibility for our clients. Amerisource has clients and offices located throughout the United States. https://amerisource.us.com

Working Capital | Real Estate | Equipment