Amerisource Closes $1,500,000 Credit Facility for Wholesaler

Release Date: 01/24/20

Amerisource Closes $1,500,000 Credit Facility for Wholesaler

Amerisource Business Capital announced the closing and funding of a $1,500,000 revolving credit facility for a marble and granite wholesaler in North Carolina. The proceeds of the facility are being used for working capital, with availability against accounts receivable and inventory.

Kelly Collins, Regional Market Manager for Amerisource, stated: “It was a pleasure working with the management team during the onboarding process, and we look forward to supporting the company’s continued growth.”

About Amerisource Funding | Amerisource Business Capital
Founded in 1984, Amerisource is a direct lender to growing businesses throughout the United States with borrowing needs up to $20 million. Amerisource is one of the largest independent finance companies in the nation, having provided over $8 billion in capital to borrowers and clients through both its asset based lending arm (Amerisource Business Capital) and its A/R financing arm (Amerisource Funding). Amerisource has clients and offices located throughout the United States.

Working Capital | Real Estate | Equipment