Amerisource Completes $450,000 Credit Facility for I.T. Services Company

Release date: January 12, 2018

Amerisource Completes $450,000 Credit Facility for I.T. Services Company
Amerisource Business Capital announced the closing and funding of a $450,000 credit facility for a Texas-based IT services company, which repairs and refurbishes computer parts. The company was introduced to Amerisource by a business associate. Proceeds of the facility were used for working capital.

Lori Lemuel, Market Manager for Amerisource, stated:

“The company was experiencing rapid growth and needed additional working capital support. This is generally a great fit for our line of credit product and we were pleased to close the facility very quickly for them, allowing them to complete year-end vendor payments and tax planning.”

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.