Amerisource Closes $1,000,000 Credit Facility for Wholesale/ Distribution Firm

Release Date: 08/17/20

Amerisource Closes $1,000,000 Credit Facility for Wholesale/ Distribution Firm

Amerisource Business Capital announced the closing and funding of a $1,000,000 revolving credit facility for an eye care product distributor based in New York. The proceeds are being used to provide working capital and to support significant projected growth.

Andy Allaire, Senior Vice President for Amerisource, stated: “The company has an international presence and is expanding in the U.S. through acquisition. We look forward to partnering with this exceptional management team and ownership group as they grow domestically.”

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