Recent Deal Highlights: $75,000 Grease Packing Company, $750,000 Metal Fabrication Company
Release date: December 22, 2008
Houston, Texas – Amerisource is pleased to announce it closed and funded 12 new client relationships in September and October 2008. This brings Amerisource’s year-to-date total funded new commitments to just over $39 million.
Referral Source: Amerisource Client
- Grease packing company; startup in 2008
- Company needed A/R line to finance working capital and expected growth
- Bank Financing not available due to startup nature of Company
Approval Period: 3 business days, additional 5 to fund
Result: Another success story involving a referral from a happy client of Amerisource. And with Amerisource’s “floating” line of credit, “the skids are greased” for this Company to grow!
Jaylene Cyr (713) 863 8300 Ext. 239