Amerisource Completes $500,000 Credit Facility for Grease & Lubricant Company

Release Date: 10/29/18

Amerisource Completes $500,000 Credit Facility for Grease & Lubricant Company

Business Capital announced the closing and funding of a $500,000 credit facility for a grease and lubricant manufacturer based in Texas. Proceeds of the facility will provide the working capital needed to support the Company’s growth.

Allison Billings, Regional Market Manager for Amerisource, stated: “Amerisource came highly recommend by several of this client’s business partners. We are excited to welcome this team onboard and look forward to partnering with them to achieve their business growth objectives.”

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