Amerisource Closes $3,000,000 Credit Facility for Transportation Company

Release Date: 09/24/19

Amerisource Closes $3,000,000 Credit Facility for Transportation Company

Amerisource Business Capital announced the closing and funding of a $3,000,000 credit facility for a long haul trucking company based in Ohio. Proceeds of the facility are being used to finance an acquisition.

Andy Allaire, Regional Market Manager for Amerisource, stated: “We are excited to welcome this new client to Amerisource. We structured an asset based revolver which provided funds for an acquisition as well as working capital expansion. We look forward to our partnership and supporting the company’s continued growth needs."

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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