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

Release Date: 10/10/19

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

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a growing distribution and warehousing company based in California and Georgia. Proceeds of the facility were used to refinance existing bank debt and to support increased working capital needs.

Lori Lemuel, Regional Market Manager for Amerisource, stated: “We are excited to welcome this new client, and we look forward to partnering with them to achieve their business growth objectives.”

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.

Working Capital | Real Estate | Equipment