Amerisource Completes $450,000 Credit Facility for I.T. Services Company

Release Date: 01/12/18

Amerisource Completes $450,000 Credit Facility for I.T. Services Company

Amerisource Business Capital announced the closing and funding of a $450,000 credit facility for a Texas-based IT services company, which repairs and refurbishes computer parts. The company was introduced to Amerisource by a business associate. Proceeds of the facility were used for working capital.

Lori Lemuel, Market Manager for Amerisource, stated: “The company was experiencing rapid growth and needed additional working capital support. This is generally a great fit for our line of credit product and we were pleased to close the facility very quickly for them, allowing them to complete year-end vendor payments and tax planning.”

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