Amerisource Closes $12,000,000 Credit Facility for Distribution Firm


Release Date: 03/23/21


Amerisource Closes $12,000,000 Credit Facility for Distribution Firm

Amerisource Business Capital announced the closing and funding of a $12,000,000 senior credit facility for a California based distributor of construction materials. The proceeds were used to provide additional growth capital.

Andy Allaire Senior Vice President for Amerisource, stated: “We are pleased to welcome this new client. The ownership group has extensive industry experience, and they recently brought on a new senior management team to guide the restructured and growing business. We look forward to partnering with this company and supporting its continued growth.”

About Amerisource Funding | Amerisource Business Capital
Founded in 1984, Amerisource is a direct lender 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 borrowers and clients through both its asset based lending arm (Amerisource Business Capital) and its A/R financing arm (Amerisource Funding). Amerisource has clients and offices located throughout the United States. https://amerisource.us.com

Working Capital | Real Estate | Equipment