Amerisource Closes $1,000,000 Credit Facility for Manufacturing Company

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a precision parts design and manufacturing company based in New York. The Company was recently acquired by a private equity firm, and proceeds of the new facility will be used for additional growth capital.

Andy Allaire, Regional Market Manager for Amerisource, stated: “We are excited to welcome this new relationship. The new ownership has a solid track record in acquiring and growing their portfolio companies. Amerisource is pleased to be in a position to provide the needed growth capital.“