Amerisource Reports New Business for First Quarter 2012

Release date: April 30, 2012

Amerisource Reports New Business for First Quarter 2012

Amerisource Funding, the leader in working capital financing and outsourced credit solutions for growing businesses throughout North America, added 16 new clients in the first quarter of 2012, with total funded commitments of nearly $11 million.

“We continue to find financing opportunities in a very challenging economic climate,” said D. Michael Monk, managing director. “Many of our nation’s entrepreneurs continue to be cautious with regard to business expansion in the current economy.  But there are many who are growing rapidly, and these companies are a great fit for our financing programs.”

Amerisource has clients in 47 states and has provided over $3 billion in financing to more than 1,500 growth-oriented businesses, while maintaining aggregate historic bad debt losses of less than 0.12%.

Founded in 1984 and headquartered in Houston, Texas, Amerisource is one of the largest and fastest-growing independent commercial finance companies in the country. Amerisource provides working capital financing and outsourced receivables management to small and middle market companies with financing needs from $50,000 to $10,000,000. Core products include asset-based lending revolvers,accounts receivable factoring, seasonal bank “over-lines”, outsourced A/R, credit and collections management, debtor-in-possession (“DIP”) financing, trade finance for importers, and export factoring. Amerisource also provides portfolio management and servicing for banks through its private label program America’s Back-Office for Lenders (TM) and portfolio acquisitions and liquidations.


Marilyn Davis (713) 863 8300 Ext. 243