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$1,000,000 Credit Facility for Environmental Services Firm

Amerisource Closes $1,000,000 Credit Facility for Environmental Services Firm

December 8, 2021
Amerisource Business Capital announced the closing and funding of a $1,000,000 senior credit facility for an Oklahoma-based environmental compliance firm serving diverse industries such as agriculture, oil and gas, mining, and municipalities. Following an increase in demand, the proceeds were used to support the company’s growth. Andy Allaire, Senior Vice President for Amerisource, stated: “The ownership and management team have years of experience. We are looking forward to providing them the capital to grow.”

About Amerisource Business Capital Amerisource is a leading independent direct lender and provider of capital to small and lower middle market businesses seeking senior debt and equity for growth capital, turnaround, or special situations. Founded in 1984, we’ve provided over $2 billion in financing to over 1,600 companies across the US and Canada. Our deep experience and expertise in complex situations allow us to deliver creative structures that maximize liquidity for our clients.