Amerisource Completes $1,000,000 Credit Facility for Consumer Goods Distributor

Release Date: 02/13/18

Amerisource Completes $1,000,000 Credit Facility for Consumer Goods Distributor

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a Michigan-based distributor of outdoor and camping accessories. Proceeds from the facility were used to refinance existing debt and for working capital purposes.

The Company was introduced to Amerisource by its financial consultant. Andy Allaire, Market Manager for Amerisource, stated: “We’re excited to partner with this management team. They have a great product and a growing customer base, but conventional bank financing could not support their continued growth. Amerisource was able to provide a flexible credit facility to meet their current needs and give the Company the ability to continue its growth plans.”

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.

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