Amerisource Business Capital announced the closing and funding of a $4,000,000 senior credit facility for a Texas-based data management firm. The proceeds were used to refinance the company’s existing bank debt and to support its ongoing growth.

Joseph Petri, Market Manager for Amerisource, stated: “We are pleased to welcome this new client and look forward to a long partnership with them.” Bill Herrington, EVP of Amerisource stated, “We were able to leverage the company’s real estate and working capital assets to provide the capital the company needs to pursue its growth strategy.”

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.