Amerisource Closes $5,500,000 Revolving Line/Equipment Term Loan Facility for Manufacturer


Release Date: 08/21/20


Amerisource Closes $5,500,000 Revolving Line/Equipment Term Loan Facility for Manufacturer

Amerisource Business Capital announced the closing and funding of a $5,500,000 credit facility for a metal stamping firm based in Ohio. The proceeds are being used to refinance their existing bank debt.

Andy Allaire, Senior Vice President for Amerisource, stated: “Amerisource provided the company with a comprehensive financing package with an Asset Based Revolver on A/R & inventory and a term loan on equipment. We are excited to onboard this new client, and we look forward to our continued partnership.”

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

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