Amerisource Closes $3,000,000 Credit Facility for Manufacturing Firm

Release Date: 10/25/21

Amerisource Closes $3,000,000 Credit Facility for Manufacturing Firm

Amerisource Business Capital announced the closing and funding of a $3,000,000 senior credit facility for a Florida based clothing apparel manufacturer. The proceeds were used to support ongoing working capital needs.

Andy Allaire, Senior Vice President for Amerisource, stated: “We are thrilled to welcome this new client. The ownership and management team have deep experience and successfully navigated recent sourcing and supply chain issues, enabling a return to growth mode after a quick rebound. Our credit facility will allow them to keep the flow of product in to fill growing orders.”

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