Amerisource Closes $10,000,000 Term Facility for Distribution Firm

Release Date: 01/01/22

Amerisource Closes $10,000,000 Term Facility for Distribution Firm

Amerisource Business Capital announced the closing and funding of a $10,000,000 revolver for an Oklahoma based distributor supplying fuel to the construction, industrial and energy sectors. The proceeds were used to provide working capital to finance the Company’s continued growth.

Andy Allaire, Senior Vice President for Amerisource, stated: “This new client’s management team has demonstrated an ability to grow the business and scale up its operations rapidly. We are pleased to be providing additional capital in conjunction with their bank to enable this growth.”

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