Amerisource Closes $15,000,000 Working Capital Facility for Labor Solutions Provider

Release Date: 07/05/23

Amerisource Closes $15,000,000 Working Capital Facility for Labor Solutions Provider

Amerisource Business Capital announced the closing and funding of a $15,000,000 working capital facility for a Texas-based labor solutions provider serving the manufacturing, warehousing, and logistics industries.  The proceeds were used to support the company’s ongoing growth and expansion.

Joseph Petri, Market Manager for Amerisource, stated: “We are excited to assist this company as they grow and expand their services. We look forward to their continued success.”  Bill Herrington, EVP of Amerisource added, “this private equity-backed marketplace company is providing on-demand labor for managers who require flexibility when dealing with changes in demand. We are excited to partner with this innovative management team.”

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