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 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