Amerisource Completes $1,500,000 Credit Facility for Manufacturer & Distributor

Release Date: 03/08/19

Amerisource Completes $1,500,000 Credit Facility for Manufacturer & Distributor

Amerisource Business Capital announced the closing and funding of a $1,500,000 credit facility for a New York based manufacturer and distributor of electrical components. Proceeds of the facility are being used for growth capital.

Andy Allaire, Senior Vice President for Amerisource, stated: “This firm has a solid management team and strong equity partners, but lacked adequate working capital. We are pleased to partner with and support them as they continue to grow.”

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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