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 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.