Amerisource Announces $1,000,000 Credit Facility for Nationwide Advertising and Media Company


Release Date: 11/27/17


Amerisource Announces $1,000,000 Credit Facility for Nationwide Advertising and Media Company

Amerisource announced the closing and funding of a $1,000,000 credit facility for a nationwide advertising and media company. Proceeds of the facility are being used to finance working capital and projected growth.

Established in 2015, the company provides media support to digital and print advertising agencies. Amerisource was introduced to the Company through its banker.

Andy Allaire, Market Manager for Amerisource, stated: “We are pleased to provide this facility for the Company. The Company is high growth, but with uneven profits and thin capital base. This profile does not fit within traditional bank parameters, but it fits very well with what Amerisource is able to deliver, and we were able to close the facility very quickly for them. We appreciate the referral from their banker, and we look forward to partnering with this Company as they execute on future 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. https://amerisource.us.com

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