Amerisource Completes $1,000,000 Credit Facility for Food Services Company

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a seafood processing company based in Washington. Proceeds of the facility are being used for working capital and growth financing.

Andy Allaire, Regional Market Manager for Amerisource, stated: “We are excited to welcome this new client aboard. The Company has a seasoned management team, and the private equity sponsors in the business has fortified the Company’s capital base. We were pleased to deliver a financing structure that provided the Company and PE firm with the capital and flexibility they were seeking.“