Amerisource Closes $1,000,000 Bridge Loan for Renewable Energy Services Firm

Release Date: 01/06/23

Amerisource Closes $1,000,000 Bridge Loan for Renewable Energy Services Firm

Amerisource Business Capital announced the closing and funding of a $1,000,000 bridge loan facility for a Texas-based renewable energy services firm.  The proceeds were used to support the company’s growth and working capital needs.


Allison Billings, Regional Market Manager for Amerisource, stated: “This newly established company is backed by a strong private equity group and seasoned management team.” Bill Herrington, EVP of Amerisource added, “We approved, documented, and funded this loan in 48 hours with our bridge loan product which is designed to immediately address liquidity needs prior to putting a larger and permanent working capital facility in place.”

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