Amerisource Closes $2,500,000 Credit Facility for Manufacturer

Amerisource Business Capital announced the closing and funding of a $2,500,000 credit facility for a kitchen counter manufacturer based in New York. The proceeds are being used for working capital.

Andy Allaire, Senior Vice President for Amerisource, stated: “We are pleased to welcome this new client. Following a change of ownership, the Company‘s bank was unable to renew its revolver. Amerisource was approached and was able to approve and close a revolving facility in under two weeks. We have enjoyed working with the new owners and look forward to our continued partnership.”