Amerisource Closes $1,500,000 Real Estate Credit Facility for Textile Manufacturer


Release Date: 12/02/20


Amerisource Closes $1,500,000 Real Estate Credit Facility for Textile Manufacturer

Amerisource Business Capital announced the closing and funding of a $1,500,000 real estate credit facility for a textile manufacturer based in Pennsylvania. The proceeds are being used to re-finance existing debt.

Andy Allaire, Regional Market Manager for Amerisource, stated: “The ownership of the business is well seasoned and needed a lender that could provide real estate bridge financing to work through the current cycle. It was a quick transaction start-to-finish, and we were pleased to provide a favorable solution for our client.”

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