Amerisource Completes $1,000,000 Credit Facility for Manufacturing Company

Release Date: 03/07/19

Amerisource Completes $1,000,000 Credit Facility for Manufacturing Company

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a New York based manufacturer of component parts for the aerospace, commercial, military and transportation industries. Proceeds of the facility are being used to fund working capital and growth.

Andy Allaire, Senior Vice President for Amerisource, stated: “We are pleased to provide this revolver to our newest client. The company is a 2nd generation business with a seasoned management team and top tier customers. We look forward to our partnership and supporting the Company’s continued growth financing needs.”

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