Amerisource Completes $1,000,000 Credit Facility for Canadian Oilfield Company

Release Date: 08/29/18

Amerisource Completes $1,000,000 Credit Facility for Canadian Oilfield Company

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for an oilfield tools and equipment services company based in Canada. Proceeds of the facility were used to provide working capital for growth.

Allison Billings, Regional Market Manager for Amerisource, stated: “We are thrilled to welcome this new client to the Amerisource family. Their sister company, a U.S. entity, is also an Amerisource client, and we have enjoyed an excelled relationship with them to date. We look forward to partnering with both of these companies as they continue pursuing their growth strategies.”

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