Amerisource Closes $10,000,000 Credit Facility for Transportation & Logistics Firm

Release Date: 03/18/20

Amerisource Closes $10,000,000 Credit Facility for Transportation & Logistics Firm

Amerisource Business Capital announced the closing of $10,000,000 in credit facilities to complete the leveraged buyout of a transportation and logistics company located in Texas. Amerisource provided term facilities to finance the acquisition, as well as a revolver to support ongoing working capital needs.

Daniel Martinez, Regional Market Manager for Amerisource, stated: “We are pleased to welcome this new client. Amerisource worked with the buyer and its investment banker to complete the deal, and the surviving entity expects to see significant accretion to its revenue and earnings almost immediately.”

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