Amerisource Closes $1,000,000 Credit Facility for Manufacturing Company


Release Date: 07/26/19


Amerisource Closes $1,000,000 Credit Facility for Manufacturing Company

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a precision parts design and manufacturing company based in New York. The Company was recently acquired by a private equity firm, and proceeds of the new facility will be used for additional growth capital.

Andy Allaire, Regional Market Manager for Amerisource, stated: “We are excited to welcome this new relationship. The new ownership has a solid track record in acquiring and growing their portfolio companies. Amerisource is pleased to be in a position to provide the needed growth capital.“


About Amerisource Funding | Amerisource Business Capital
Amerisource Business Capital is a leading independent asset-based provider of capital to middle-market and small businesses that have financing needs beyond traditional bank capabilities. Founded in 1984, and with offices nationwide, Amerisource has provided over $7 billion in financing to companies in markets throughout the United States. Our extensive lending experience in complex situations allows us to deliver rapid responses and maximum availability of capital.