Amerisource Completes $1,000,000 Credit Facility for Oil and Gas Company

Release Date: 09/27/18

Amerisource Completes $1,000,000 Credit Facility for Oil and Gas Company

We are happy to announce the closing and funding of a $1,000,000 credit facility for an industrial cleaning company based in Texas. Proceeds of the facility were used for working capital.

Daniel Martinez, Regional Market Manager for Amerisource, stated: “I was introduced to the Company by its banker, as the oilfield service sector is challenging for many banks right now. Working together, we structured a credit facility that would provide maximum flexibility as the Company continued to grow. We take great pride in our partnerships with local bankers, and this is one of things that allows small business to thrive in the Houston market. We look forward to supporting this client in their continued success.“

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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