Amerisource Completes $2,000,000 Credit Facility for Energy Company

Release Date: 05/15/18

Amerisource Completes $2,000,000 Credit Facility for Energy Company

Amerisource Business Capital announced the closing and funding of a $2,000,000 credit facility for a pump manufacturing company in Utah. Proceeds of the facility were used to refinance existing debt and provide capital for future expansion.

Danilo Chang, Market Manager for Amerisource, stated: “We are pleased to welcome this Company to the Amerisource family. The structure sought by the Company was a little outside the box, with a foreign parent company and no guarantors. Our origination team, legal team and account management team worked together to underwrite, approve and deliver this structure. We are looking forward to seeing this Company grow and prosper with access to more capital.”

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.

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