Amerisource Closes $2,500,000 Revolver And Real Estate Term Loan for Manufacturer and Distributor


Release Date: 08/04/20


Amerisource Closes $2,500,000 Revolver And Real Estate Term Loan for Manufacturer and Distributor

Amerisource Business Capital announced the closing and funding of a $2,500,000 credit facility for a power generation component part manufacturer and distributor based in Connecticut. The company is recapitalizing its balance sheet and needed a lender to provide availability on accounts receivable, inventory and real estate.

Andy Allaire, Senior Vice President for Amerisource, stated: “The Company has a seasoned management team and committed ownership. They were looking for a one-stop shop to finance their broad range of asset classes. The approval and closing process went very smoothly, and we look forward to our continued partnership with them.“

About Amerisource Funding | 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 $20 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. https://amerisource.us.com

Working Capital | Real Estate | Equipment