Success Story – Software Firm (CA) – Funding Rapid Growth

Release date: July 5, 2017

Success Story – Software Firm (CA) – Funding Rapid Growth

Houston, TX – Thanks to a recent referral from the Bank of America, Amerisource was able to provide a $3,000,000.00 line of credit to a Software firm in California.
Established in 2014, the firm produces a software system that streamlines manufacturer and retailer distribution time. Following a significant number of pending orders, the firm needed to achieve rapid growth. Their estimated growth was $3-5MM in 9 months.
By referring the client, the bank was able to act as a solutions provider. They proactively provided an alternative external solution for their client, helping to build long-term customer loyalty and trust.
Amerisource was able to support the firm and provide the additional funding needed to “kick-start” their future invoices. The firm indicated that Amerisource’s competitive pricing structure and our overall understanding of their unique growth structure was vital to the decision-making process.
The firm’s CFO, stated “It’s straightforward to work with Amerisource. Their funding was a milestone for the company as it will allow us to grow at the rapid pace forecasted.”