Amerisource Closes $4,000,000 Senior Credit Facility for Data Management Firm

Release Date: 12/20/23

Amerisource Closes $4,000,000 Senior Credit Facility for Data Management Firm

Amerisource Business Capital announced the closing and funding of a $4,000,000 senior credit facility for a Texas-based data management firm.  The proceeds were used to refinance the company’s existing bank debt and to support its ongoing growth.

Joseph Petri, Market Manager for Amerisource, stated: “We are pleased to welcome this new client and look forward to a long partnership with them.”  Bill Herrington, EVP of Amerisource stated, “We were able to leverage the company’s real estate and working capital assets to provide the capital the company needs to pursue its growth strategy.”

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