Amerisource Completes $500,000 Credit Facility for Distribution Company

Release Date: 06/21/18

Amerisource Completes $500,000 Credit Facility for Distribution Company

Amerisource Business Capital announced the closing and funding of a $500,000 credit facility for a distributor of parts and components for light and heavy-duty trucks based in Nebraska. Proceeds of the facility were used for general working capital and to support growing sales.

Andy Allaire, Market Manager for Amerisource, stated: “Despite being a relatively new business, the Company’s management team has significant industry experience. Their existing banker referred the Company to Amerisource in an effort to retain the Company’s growing deposit base and ancillary banking needs. Our team worked well with the Company through the approval process, and we are looking forward to our continued partnership.”

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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