Amerisource Completes $1,000,000 Credit Facility for Manufacturing Company

Release date: April 24, 2018

Amerisource Completes $1,000,000 Credit Facility for Manufacturing Company
We are pleased to announce the closing and funding of a $1,000,000 revolving credit facility for a concrete wall manufacturing and installation Company in upstate New York. The proceeds of the facility were used to support continued business growth.

Andy Allaire, Market Manager for Amerisource, stated:

“The Company’s banker approached Amerisource to help with one of its customers, as the Company’s financing needs were beyond what the bank could provide. We delivered a larger revolving credit facility, ensuring the Company had access to the additional funds needed to continue to grow. We were pleased to be able to help both the client and our bank partner.”

About Amerisource Funding | Amerisource Business Capital
Amerisource is one of the largest independent finance companies in the nation, having provided over $7 billion in capital to borrowers and clients through both its asset based lending arm (Amerisource Business Capital) and its A/R financing arm (Amerisource Funding). Amerisource prides itself on outstanding client service and boasts an industry-best client retention rate in excess of 50 months. Amerisource Funding has offices located throughout the United States.