Amerisource Closes $2,000,000 Credit Facility for Manufacturing Company


Release Date: 09/30/19


Amerisource Closes $2,000,000 Credit Facility for Manufacturing Company

Amerisource Business Capital announced the closing and funding of a $2,000,000 senior credit facility for a hardware manufacturing company based in California. Proceeds of the facility are being used to support working capital and sales growth.

Danilo Chang, Regional Market Manager for Amerisource, stated: “We are pleased to welcome this new client. The client has foreign ownership and is growing very quickly, which created some challenges for conventional bank financing. The Amerisource team delivered a very creative financing solution, and we are looking forward to our partnership with this growing business.”


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.