Amerisource Completes $1,000,000 Credit Facility for Mechanical Repair Company

Release Date: 01/11/19

Amerisource Completes $1,000,000 Credit Facility for Mechanical Repair Company

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a mechanical repair and service company based in Texas. Proceeds of the facility will provide working capital to support growth. Amerisource also issued a standby letter of credit to a key supplier.

Justin Carter, Regional Market Manager for Amerisource, stated: “We are pleased to welcome this Client to the Amerisource family. Their recent addition of two new partners has created tremendous business growth, and we look forward to providing the financing needed to support that growth.”

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.

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