Amerisource Funds $500,000 – Transportation Firm

Release date: August 1, 2017

Amerisource Funds $500,000 – Transportation Firm

Houston, TX – In late July 2017, Amerisource Funding | Amerisource Business Capital announced the closing and funding of a $500,000.00 asset based revolver for an owner operator network transportation firm. Established in 2009, the firm operates a fleet of over 25 trucks and has locations in Texas and New Mexico. The firm required further funding to support their on-going growth and was referred to Amerisource by another factoring company. Amerisource was able to structure a facility that offered the client exactly what they were seeking – outsourced A/R management and billing support to ease some of their employee’s workload off. Amerisource was able to quickly underwrite and propose a unique structure that provides the client exceptional A/R management support.

Allison Billings, Amerisource’s Market Manager, stated “This is a great example of our top-rated A/R management, award winning customer service and ability to structure a facility unique to our client’s needs.”