Amerisource Business Capital announced the closing and funding of a $7,500,000 real estate senior credit facility for a Texas-based biotechnology research and manufacturing company. The proceeds were used to support its rapid growth.

Joseph Petri, Market Manager for Amerisource, stated: “We are excited to welcome this new client and look forward to supporting their continued growth.” Bill Herrington added, “We were pleased to support the expansion of this innovative biotech firm which is creating high-paying jobs and diversifying the Texas economy.”

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.