Amerisource Closes $4,000,000 Senior Credit Facility for Energy Services Firm

Release Date: 08/02/22

Amerisource Closes $4,000,000 Senior Credit Facility for Energy Services Firm

Amerisource Business Capital announced the closing and funding of a $4,000,000 senior credit facility for a Texas-based energy services firm. Following a recent merger, the proceeds were used to provide working capital for the company’s ongoing needs.

Allison Billings, Regional Market Manager for Amerisource, stated: “We were approached by the company’s Louisiana-based private equity sponsor and worked closely with them to underwrite and close this facility in a short timeframe. “ Bill Herrington, EVP of Amerisource added, “We are pleased to onboard this respected private equity sponsor and their portfolio company and look forward to supporting their continued 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