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.”