
Amerisource Closes $1,000,000 Working Capital Facility for Manufacturing Services
January 27, 2023
Amerisource Business Capital announced the closing and funding of a $1,000,000 working capital facility for a Texas-based electronics manufacturer. The company had been a former client of Amerisource for over 20 years before moving its revolver to a commercial bank. The company’s recent expansion prompted moving its revolver back to Amerisource for greater availability and a more flexible financing structure to support the company’s accelerating growth.
Bill Herrington, EVP for Amerisource, stated: “We are pleased to partner with this returning client and look forward to supporting them through this significant growth period.”
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.