Amerisource Business Capital announced the closing and funding of a $4,000,000 senior credit facility for a Texas-based energy services firm. Following a recent merger, the proceeds were used to provide working capital for the company’s ongoing needs.

Allison Billings, Regional Market Manager for Amerisource, stated: “We were approached by the company’s Louisiana-based private equity sponsor and worked closely with them to underwrite and close this facility in a short timeframe. “ Bill Herrington, EVP of Amerisource added, “We are pleased to onboard this respected private equity sponsor and their portfolio company and look forward to supporting their continued growth.”

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.