Amerisource Completes $4,000,000 Credit Facility for Oil Field Services Company

Release Date: 01/03/19

Amerisource Completes $4,000,000 Credit Facility for Oil Field Services Company

Amerisource Business Capital announced the closing and funding of a $4,000,000 credit facility for an oil field services company based in Oklahoma. Proceeds of the facility are being used for working capital and growth financing.

Andy Allaire, Regional Market Manager for Amerisource, stated: “The company’s ownership and management team are seasoned and well positioned to accelerate business growth. They’ve been a great partner to work with, and we are pleased our new facility will play a key role in achieving that growth. We look forward to working together and seeing them succeed.”

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