Amerisource Completes $1,000,000 Credit Facility for Transportation Company

Release Date: 08/31/18

Amerisource Completes $1,000,000 Credit Facility for Transportation Company

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a heavy haul transportation company based in Texas. Proceeds of the facility were used for growth-related working capital.

Allison Billings, Regional Market Manager for Amerisource, stated: “We are excited to partner with this local operation to support their growth and continued success. We got this line underwritten and approved very quickly, and the Company was pleased that we were able to meet their targeted timeline. We look forward to participating in this Company’s 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.

Working Capital | Real Estate | Equipment