Amerisource Closes $5,000,000 Working Capital Facility for Manufacturer

Release Date: 12/22/23

Amerisource Closes $5,000,000 Working Capital Facility for Manufacturer

Amerisource Business Capital announced the closing and funding of a $5,000,000 working capital facility for a Texas-based manufacturer of outdoor recreational products.  The proceeds were used to refinance the company's existing bank line and support its ongoing working capital needs.

Allison Billings, Market Manager for Amerisource, stated: “We structured a flexible asset based revolver to meet the specific needs of this seasonal business.  The management team was a pleasure to work with during the onboarding process and we look forward to our partnership with this new client.”

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