Amerisource Completes $500,000 Credit Facility for Mechanical Repair Company


Release Date: 01/11/19


Amerisource Completes $500,000 Credit Facility for Mechanical Repair Company

Amerisource Business Capital announced the closing and funding of a $500,000 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 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.