Amerisource Business Capital announced the closing and funding of a $10,000,000 senior revolving credit facility and real estate term loan for a Florida-based green waste disposal company. The proceeds were used to refinance existing bank debt and to provide ongoing working capital.

Andy Allaire, Senior Vice President for Amerisource, stated: “We were able to structure a revolver and term facility to refinance existing bank debt and to provide additional working capital to support anticipated growth.”  Bill Herrington, EVP of Amerisource, added: “Amerisource was pleased to provide the necessary financing to an innovative and environmentally focused firm and its respected private equity sponsor.”

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.