Amerisource Completes $2,000,000 Credit Facility for Staffing Company

Release Date: 09/18/18

Amerisource Completes $2,000,000 Credit Facility for Staffing Company

Amerisource Business Capital announced the closing and funding of a $2,000,000 credit facility for an IT staffing company based in Illinois. Proceeds of the facility were used to refinance the Company’s bank line of credit and provide additional working capital to support growth.

Andy Allaire, Regional Market Manager for Amerisource, stated: “This client has been in business for many years with stable ownership and management. While the Company’s management considered several financing options, they chose Amerisource as the lender with competitive pricing and the most flexible terms, including a high advance rate. We look forward to our new partnership.”

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