Amerisource Closes $2,000,000 Credit Facility for Fuel Distribution Company

Release Date: 04/04/19

Amerisource Closes $2,000,000 Credit Facility for Fuel Distribution Company

Amerisource Business Capital announced the closing and funding of a $2,000,000 revolving credit facility for a Fuel Distribution Company based in Texas. Proceeds of the facility are being used to support working capital needs.

Allison Billings, Regional Market Manager for Amerisource, stated: “We are very excited to welcome this growing company to the Amerisource family. This new client was a referral from another long-standing client of Amerisource, just highlighting one of our core competencies — keeping customers happy with outstanding and consistent customer service, flexible financing structures and dependable capital. It was a pleasure working with the owners and management team during the onboarding process, and we look forward to partnering with them as they continue 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.

Working Capital | Real Estate | Equipment