Amerisource Funds $500,000 – Transportation Firm

Release Date: 08/01/17

Amerisource Funds $500,000 – Transportation Firm

In late July 2017, Amerisource Funding | Amerisource Business Capital announced the closing and funding of a $500,000.00 asset based revolver for an owner operator network transportation firm. Established in 2009, the firm operates a fleet of over 25 trucks and has locations in Texas and New Mexico. The firm required further funding to support their on-going growth and was referred to Amerisource by another factoring company. Amerisource was able to structure a facility that offered the client exactly what they were seeking – outsourced A/R management and billing support to ease some of their employee’s workload off. Amerisource was able to quickly underwrite and propose a unique structure that provides the client exceptional A/R management support.

Allison Billings, Amerisource’s Market Manager, stated “This is a great example of our top-rated A/R management, award winning customer service and ability to structure a facility unique to our client’s needs.”

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