Amerisource Business Capital announced the closing and funding of a $16,000,000 revolving credit facility for a transportation and logistics company based in Texas. The proceeds were used to refinance the company’s existing bank revolver to provide greater liquidity and support for the company's continued expansion efforts.

Bill Herrington, Amerisource EVP, was delighted with the return of this previous client and stated: “After leaving for a commercial bank, the company opted to return to Amerisource due to our flexibility and increased borrowing base availability. We look forward to this renewed partnership and the opportunity to support the company's future growth strategy.”

Daniel Martinez, Market Manager at Amerisource agreed: “It's very gratifying to hear from returning clients that we are supportive, easy to work with, and have a distinct advantage over traditional bank facilities.

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.