Amerisource Completes $1,000,000 Credit Facility for IT Staffing Company


Release Date: 08/07/18


Amerisource Completes $1,000,000 Credit Facility for IT Staffing Company

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for an IT staffing company in California. Proceeds of the facility were used to refinance existing bank debt and support continued sales growth.

Danilo Chang, Market Manager for Amerisource, stated: “Following a referral from the Company’s banker, we were able to deliver a flexible credit facility allowing for greater availability to support the Company’s business growth. It’s always exciting for us to partner with a growing company, and we are really pleased to be working with this Company to meet their strategic and growth objectives.”


About Amerisource Funding | Amerisource Business Capital
Amerisource Business Capital is a leading independent asset-based provider of capital to middle-market and small businesses that have financing needs beyond traditional bank capabilities. Founded in 1984, and with offices nationwide, Amerisource has provided over $7 billion in financing to companies in markets throughout the United States. Our extensive lending experience in complex situations allows us to deliver rapid responses and maximum availability of capital.