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.”

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.

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