Amerisource Completes $3,500,000 Credit Facility for Wholesale Fuel Distribution Company
Release Date: 01/16/19
Amerisource Completes $3,500,000 Credit Facility for Wholesale Fuel Distribution Company
Amerisource Business Capital announced the closing and funding of a $3,500,000 credit facility for a wholesale fuel distribution company based in Texas. Proceeds of the facility will be used for working capital and to support their rapid growth including a letter of credit sublimit to support a vendor.
Daniel Martinez, Regional Market Manager for Amerisource, stated: “We are excited to deliver a capital solution to this new client, and we look forward to partnering with the management team to achieve their growth plans.”