Amerisource Closes $1,000,000 Credit Facility for Steel Fabricator

Release Date: 03/28/19

Amerisource Closes $1,000,000 Credit Facility for Steel Fabricator

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a steel fabrication company based in Texas. Proceeds of the facility are being used for growth capital.

Daniel Martinez, Regional Market Manager for Amerisource, stated: “We are pleased to provide this Houston-based family and company with this senior facility. The Company was a former customer of Amerisource and we had an excellent relationship. The management team appreciated our prior relationship and speed in underwriting the facility, as well our understanding and appreciation of their concentration risks in the oil and gas industry. I look forward to our partnership in the years to come as their Company continues to grow.”

About Amerisource Business Capital
Founded in 1984, Amerisource is a direct lender and capital provider to growing businesses throughout the United States with borrowing needs up to $25 million. Amerisource is one of the largest independent finance companies in the nation, having provided over $8 billion in capital to over 1,600 companies across the U.S. Our deep experience and expertise in complex situations allows us to deliver creative solutions that maximize liquidity and flexibility for our clients. Amerisource has clients and offices located throughout the United States.

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