Amerisource Closes $1,000,000 Working Capital Facility for Distribution Firm
Release Date: 06/27/22
Amerisource Closes $1,000,000 Working Capital Facility for Distribution Firm
Amerisource Business Capital announced the closing and funding of a $1,000,000 senior credit facility for a Pennsylvania-based automotive supply distribution firm. The firm is experiencing a period of rapid growth necessitating the need for working capital financing.
Andy Allaire, Senior Vice President for Amerisource, stated: “The entrepreneur who started the firm has extensive experience in the automotive supply business. We are happy to be partnering with him and providing the necessary working capital.”