Amerisource Closes $4,000,000 Credit Facility for Equipment Rental Firm

Release Date: 04/29/20

Amerisource Closes $4,000,000 Credit Facility for Equipment Rental Firm

Amerisource Business Capital announced the closing and funding of a $4,000,000 revolving credit facility for a Texas based natural gas compression services firm.

Allison Billings, Regional Market Manager for Amerisource, stated: “We worked closely with management to provide an asset-based facility that supported working capital needs, as well as the flexibility to acquire additional equipment. They were great to work with during the process and we look forward to our partnership.” Bill Herrington, EVP of Amerisource, added, “this company is supported by a respected private equity firm and we were pleased to structure a credit facility that met their needs.”

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