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


Release Date: 10/23/19


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

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a web and applications developer based in Illinois. Proceeds of the facility are being used to support the Company’s growth.

Danilo Chang, Regional Market Manager for Amerisource, stated “We are excited to welcome this new client. Their continued growth necessitated a financing partner able to provide a flexible and floating line, and we were pleased to provide this solution. We look forward to support their continued growth plans.”


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.