Amerisource Closes $1,000,000 DIP Facility for Limestone Quarry

Release Date: 03/18/20

Amerisource Closes $1,000,000 DIP Facility for Limestone Quarry

Amerisource Business Capital announced the closing and funding of a $1,000,000 DIP credit facility for a limestone quarry based in Missouri.

Daniel Martinez, Regional Market Manager for Amerisource, stated: “We were pleased to work with the client and existing senior lender to assist the company in its restructuring plan. The quarry had some past operational issues to address and needed additional capital to get operations back online. Our DIP facility was the perfect solution, and we look forward to our continued partnership.”

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