Recent News


Amerisource Closes $3,000,000 Credit Facility for Energy Services Transportation Company
July 11, 2019

Amerisource Business Capital announced the closing and funding of a $3,000,000 credit facility for a transportation company based in Colorado. Proceeds of the facility are being used to support their rapid growth.

Nic Wagner, Regional Market Manager for Amerisource, stated: “The Company was looking for a flexible financing partner to refinance higher cost debt and support its continued growth. Our roots are deep in the energy industry, so this is an ideal relationship for us. We look forward to working with the Company to achieve its goals.”


Amerisource Closes $1,000,000 Credit Facility for Staffing Company
June 4, 2019

Amerisource Business Capital announced the closing and funding of a $1,000,000 senior credit facility for an employment agency based in Missouri. Proceeds of the facility were used to refinance existing bank debt and to provide additional working capital for ongoing operations and growth.

Nic Wagner, Regional Market Manager for Amerisource, stated: “We are pleased to provide this credit facility to the client, and we were fortunately able to structure and close the facility very quickly. As an employment agency, our client was very familiar with the ABL structure, and the incumbent bank was helpful and responsive in the transition of the facility to Amerisource, while maintaining the deposit relationship. We look forward to a long-lasting relationship as the client pursues its growth objectives.”


Amerisource Closes $1,000,000 Credit Facility for Transportation Company
April 29, 2019

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a transportation company based in Oklahoma. Proceeds of the facility are being used to support working capital and growth needs.

Nic Wagner, Regional Market Manager for Amerisource, stated: “We are pleased to welcome this new client to the Amerisource family. The company was introduced to us by an existing Amerisource client, which is always a good start to a new relationship. The company has experienced rapid sales growth over the past two years and needed access to additional working capital. We were delighted to provide a solution, and we look forward to our continued partnership”.


Amerisource Closes $2,000,000 Credit Facility for Fuel Distribution Company
April 4, 2019

Amerisource Business Capital announced the closing and funding of a $2,000,000 revolving credit facility for a Fuel Distribution Company based in Texas. Proceeds of the facility are being used to support working capital needs.

Allison Billings, Regional Market Manager for Amerisource, stated: “We are very excited to welcome this growing company to the Amerisource family. This new client was a referral from another long-standing client of Amerisource, just highlighting one of our core competencies — keeping customers happy with outstanding and consistent customer service, flexible financing structures and dependable capital. It was a pleasure working with the owners and management team during the onboarding process, and we look forward to partnering with them as they continue to grow”.


Amerisource Closes $1,000,000 Credit Facility for Aviation Company
April 3, 2019

Amerisource Business Capital announced the closing and funding of a $1,000,000 senior credit facility for a commercial aviation services company based in Texas. Proceeds of the facility are being used for growth and working capital.

Allison Billings, Regional Market Manager for Amerisource, stated: ”We were pleased to provide this credit facility to meet the client’s immediate needs and to support upcoming growth. The company was referred to Amerisource by its banker. The transaction required a rapid underwriting timeline, which was one of the reasons the client selected Amerisource among its other referred lenders. We are happy to welcome this great team onboard, and we look forward to our partnership as their growth continues“.


Amerisource Closes $1,000,000 Credit Facility for Steel Fabricator
March 28, 2019

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a steel fabrication company based in Texas. Proceeds of the facility are being used for growth capital.

Daniel Martinez, Regional Market Manager for Amerisource, stated: “We are pleased to provide this Houston-based family and company with this senior facility. The Company was a former customer of Amerisource and we had an excellent relationship. The management team appreciated our prior relationship and speed in underwriting the facility, as well our understanding and appreciation of their concentration risks in the oil and gas industry. I look forward to our partnership in the years to come as their Company continues to grow.”


Amerisource Completes $1,000,000 Credit Facility for Import Company
March 13, 2019

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for an apparel importer based in California. This is a new venture started by an experienced management team who has successfully partnered with Amerisource on previous enterprises. Proceeds of the facility are being used to fund working capital and projected growth.

Kelly Collins, Regional Market Manager for Amerisource, stated: “We are very happy to partner with this management team again, and we look forward to assisting them to grow another successful venture.”


Amerisource Completes $1,500,000 Credit Facility for Manufacturer & Distributor
March 8, 2019

Amerisource Business Capital announced the closing and funding of a $1,500,000 credit facility for a New York based manufacturer and distributor of electrical components. Proceeds of the facility are being used for growth capital.

Andy Allaire, Senior Vice President for Amerisource, stated: “This firm has a solid management team and strong equity partners, but lacked adequate working capital. We are pleased to partner with and support them as they continue to grow.”


Amerisource Completes $600,000 Credit Facility for Manufacturing Company
March 7, 2019

Amerisource Business Capital announced the closing and funding of a $600,000 credit facility for a New York based manufacturer of component parts for the aerospace, commercial, military and transportation industries. Proceeds of the facility are being used to fund working capital and growth.

Andy Allaire, Senior Vice President for Amerisource, stated: “We are pleased to provide this revolver to our newest client. The company is a 2nd generation business with a seasoned management team and top tier customers. We look forward to our partnership and supporting the Company’s continued growth financing needs.”


Amerisource Completes $1,000,000 Credit Facility for Textile Processing Company
January 18, 2019

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility to finance the acquisition of a textile processing company based in North Carolina.

Kelly Collins, Regional Market Manager for Amerisource, stated: “This 30-year old business has been very successful. We are excited to partner with the new ownership to finance the Company’s transition and continued growth.”


Amerisource Completes $3,500,000 Credit Facility for Wholesale Fuel Distribution Company
January 16, 2019

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.”


Amerisource Completes $500,000 Credit Facility for Mechanical Repair Company
January 11, 2019

Amerisource Business Capital announced the closing and funding of a $500,000 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.”


Amerisource Completes $4,000,000 Credit Facility for Oil Field Services Company
January 3, 2019

Amerisource Business Capital announced the closing and funding of a $4,000,000 credit facility for an oil field services company based in Oklahoma. Proceeds of the facility are being used for working capital and growth financing.

Andy Allaire, Regional Market Manager for Amerisource, stated: “The company’s ownership and management team are seasoned and well positioned to accelerate business growth. They’ve been a great partner to work with, and we are pleased our new facility will play a key role in achieving that growth. We look forward to working together and seeing them succeed.”


Amerisource Completes $1,000,000 Credit Facility for Energy Services Company
November 9, 2018

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a geological services company in Oklahoma. Proceeds of the facility are being used for working capital needed to support sales growth.

Nic Wagner, Regional Market Manager for Amerisource, stated: “We were pleased to provide this credit facility to allow the client to prepare for significant revenue growth. And our flexible facility structure lacks non-use fees, so our client can manage its expenses if the additional growth is not as robust as predicted. We look forward to partnering with them through this exciting time in their business.“


Amerisource Completes $1,000,000 Credit Facility for Food Services Company
October 31, 2018

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a seafood processing company based in Washington. Proceeds of the facility are being used for working capital and growth financing.

Andy Allaire, Regional Market Manager for Amerisource, stated: “We are excited to welcome this new client aboard. The Company has a seasoned management team, and the private equity sponsors in the business has fortified the Company’s capital base. We were pleased to deliver a financing structure that provided the Company and PE firm with the capital and flexibility they were seeking.“


Amerisource Completes $500,000 Credit Facility for Manufacturing Company
October 24, 2018

Amerisource Business Capital announced the closing and funding of a $500,000 credit facility for a manufacturer of organic skincare products in California. Proceeds of the facility are being used for working capital to support growth.

Justin Carter, Regional Market Manager for Amerisource, stated: “We are pleased to have provided a solution this growing Company. We worked jointly with the Company’s banker to structure this facility, and it’s another great example of a banker truly caring about what his client needed to succeed. We look forward to supporting this client through continued business growth and complimenting the strong relationship they have already formed with their bank.“


Amerisource Completes $1,000,000 Credit Facility for Creative Services Company
September 27, 2018

We are happy to announce the closing and funding of a $1,000,000 credit facility for a creative design agency based in California. Proceeds of the facility were used for growth capital.

Justin Carter, Regional Market Manager for Amerisource, stated: “Amerisource was able to work in partnership with the Company’s existing bank and provide a tranche of capital for growth. The bank maintained all the essential banking services to support the Company’s day-to-day operational needs. As an extension of their trusted banker, we are pleased and excited to welcome this client into the Amerisource family, and we look forward to our partnership.”


Amerisource Completes $1,000,000 Credit Facility for Oil and Gas Company
September 27, 2018

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.“


Amerisource Completes $2,000,000 Credit Facility for Oilfield Services Company
September 19, 2018

Amerisource Business Capital announced the closing and funding of a $2,000,000 credit facility for a recently acquired oilfield services and heavy-haul trucking company based in Texas. Proceeds of the facility were used to leverage the new private equity sponsor’s investment, and to provide working capital for growth.

Nic Wagner, Regional Market Manager for Amerisource, stated: “With the current growth in the energy industry, the M&A market is hot. This group originally secured a term loan facility, but quickly realized an ABL revolving line was needed to support a sustained growth model. The Company was attracted to our scalable “floating” line, as our clients will not outgrow our lending capabilities. We are excited about this new relationship and look forward to meeting their growth financing needs.”


Amerisource Completes $2,000,000 Credit Facility for Staffing Company
September 18, 2018

Amerisource Business Capital announced the closing and funding of a $2,000,000 credit facility for an IT staffing company based in Illinois. Proceeds of the facility were used to refinance the Company’s bank line of credit and provide additional working capital to support growth.

Andy Allaire, Regional Market Manager for Amerisource, stated: “This client has been in business for many years with stable ownership and management. While the Company’s management considered several financing options, they chose Amerisource as the lender with competitive pricing and the most flexible terms, including a high advance rate. We look forward to our new partnership.”


Amerisource Completes $1,000,000 Credit Facility for Transportation Company
August 31, 2018

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.“


Amerisource Completes $1,000,000 Credit Facility for Canadian Oilfield Company
August 29, 2018

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.”


Amerisource Completes $1,000,000 Credit Facility for IT Staffing Company
August 7, 2018

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for an IT staffing company in California. Proceeds of the facility were used to refinance existing bank debt and support continued sales growth.

Danilo Chang, Market Manager for Amerisource, stated: “Following a referral from the Company’s banker, we were able to deliver a flexible credit facility allowing for greater availability to support the Company’s business growth. It’s always exciting for us to partner with a growing company, and we are really pleased to be working with this Company to meet their strategic and growth objectives.”