Recent News


Amerisource Closes $4,000,000 Senior Credit Facility for Energy Services Firm
Houston, TX - August 2, 2022

Amerisource Business Capital announced the closing and funding of a $4,000,000 senior credit facility for a Texas-based energy services firm. Following a recent merger, the proceeds were used to provide working capital for the company’s ongoing needs.

Allison Billings, Regional Market Manager for Amerisource, stated: “We were approached by the company’s Louisiana-based private equity sponsor and worked closely with them to underwrite and close this facility in a short timeframe. “ Bill Herrington, EVP of Amerisource added, “We are pleased to onboard this respected private equity sponsor and their portfolio company and look forward to supporting their continued growth.”


Amerisource Closes $3,500,000 Real Estate Term Facility for Electrical Services Firm
Houston, TX - July 29, 2022

Amerisource Business Capital announced the closing and funding of a $3,500,000 real estate term loan facility for a Texas-based electrical services firm. The proceeds were used to provide working capital for the company’s growth.

Daniel Martinez, Regional Market Manager for Amerisource, stated: “We are pleased to onboard this new client. We look forward to our partnership and supporting their future growth”


Amerisource Closes $10,000,000 Revolver & R.E Term Loan Facility for Manufacturing Firm
Houston, TX - July 26, 2022

Amerisource Business Capital announced the closing and funding of a $10,000,000 ABL revolver on A/R and inventory and a real estate term loan facility for a Wisconsin-based automotive, truck, and aerospace component part designer and manufacturer.

Andy Allaire, Senior Vice President for Amerisource, stated: “The company is experiencing a significant post COVID expansion which required an increase in working capital. We are excited to be working with this experienced management team and look forward to our continuing partnership”



Amerisource Closes $2,000,000 Credit Facility for Logistics Firm
Houston, TX - June 27, 2022

Amerisource Business Capital announced the closing and funding of a $2,000,000 credit facility for a Texas based drayage trucking firm. The firm is expanding and the proceeds were used to provide working capital to support their growth.

Kelly Collins, Regional Market Manager for Amerisource, stated: “We are pleased to partner with this new client and look forward to supporting them during this critical growth period. ”


Amerisource Closes $1,000,000 Working Capital Facility for Distribution Firm
Houston, TX - June 27, 2022

Amerisource Business Capital announced the closing and funding of a $1,000,000 senior credit facility for a Pennsylvania-based automotive supply distribution firm. The firm is experiencing a period of rapid growth necessitating the need for working capital financing.

Andy Allaire, Senior Vice President for Amerisource, stated: “The entrepreneur who started the firm has extensive experience in the automotive supply business. We are happy to be partnering with him and providing the necessary working capital.”


Amerisource Expands Team with New Appointment
Houston, TX - June 6, 2022

Amerisource Business Capital announced the recent appointment of Courtney Mark as Regional Market Manager. Based in Salt Lake City, Utah, Courtney joins Amerisource with over 28 years of experience in commercial finance and asset based lending, covering markets in Arizona, California, Colorado, Nevada, and Utah. His business development efforts will continue to be focused on these Intermountain states. For the past 23 years, he has worked in the specialty lending divisions for Wells Fargo Bank and UMB Bank. Prior to that, his experience includes GE Capital.

Bill Herrington, EVP for Amerisource, stated: “Courtney’s deep experience in commercial finance is a tremendous asset and a great fit for our team. We look forward to deploying his skills to serve our clients and referral sources throughout the Intermountain states.”


Amerisource Closes $1,000,000 Credit Facility for Technology Firm
Houston, TX - May 19, 2022

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a Maryland based data solutions firm. The proceeds were used to provide working capital for the company’s rapid growth.

Allison Billings, Regional Market Manager for Amerisource, stated: “We are excited to partner with this fast-growing company and its respected private equity sponsor.” Bill Herrington, EVP of Amerisource, added, “Based on the strength of the client’s signed contracts and its software and hardware platform, we were able to extend a term facility under our SAAS term loan product. ”


Amerisource Closes $10,000,000 Credit Facility for Instrumentation Firm
Houston, TX - May 19, 2022

Amerisource Business Capital announced the closing and funding of a $10,000,000 credit facility for a Texas based design, engineering, and manufacturing firm. The proceeds were used to provide working capital for the company’s expected growth.

Joseph Petri, Regional Market Manager for Amerisource, stated: “For more than four decades, this company has set the standard for engineering and manufacturing of instrumentation.” Bill Herrington, EVP of Amerisource added, “We partnered with a commercial bank to deliver a structure which included leveraging the real estate, equipment and working capital assets of the company. We are looking forward to working with this excellent management team.”


Amerisource Closes $1,500,000 Credit Facility for Food Manufacturer
Houston, TX - May 19, 2022

Amerisource Business Capital announced the closing and funding of a $1,500,000 credit facility for a New York based cookie and dessert production firm. The proceeds were used to provide working capital for the company’s expected growth.

Andy Allaire, Senior Vice President for Amerisource, stated: “An independent sponsor acquired this family run business and Amerisource provided an ABL solution to finance the working capital. We were pleased to be able to provide a financing package to facilitate the growth of the business.”


Amerisource Closes $1,500,000 Credit Facility for Apparel Manufacturing Firm
Houston, TX - March 15, 2022

Amerisource Business Capital announced the closing and funding of a $1,500,000 senior credit facility for a North Carolina-based hosiery manufacturer. The proceeds were used to provide working capital to support the company’s projected growth.

Kelly Collins, Regional Market Manager for Amerisource, stated: “We are pleased to welcome this fourth-generation family business and we look forward to supporting its growth with the next generation.”


Amerisource Closes $3,000,000 Real Estate Term Facility for Manufacturing Firm
Houston, TX - February 25, 2022

Amerisource Business Capital announced the closing and funding of a $3,000,000 real estate term loan facility for a Texas-based custom pool and tiny home manufacturer. The proceeds were used to provide working capital to support the Canadian company’s expansion of its manufacturing capacity in the U.S.

Daniel Martinez, Regional Market Manager for Amerisource, stated: “This is an innovative company and we’re pleased to support the creation of jobs in Texas, as the new plant will be located north of Houston."


Amerisource Business Capital Strengthens Team with Recent Appointment
Houston, TX - February 24, 2022

Amerisource Business Capital announced the recent appointment of Randy Goeken as Regional Market Manager. Randy has over 35 years of experience in commercial finance, primarily in business development and relationship management, with lower middle market companies. Based in California, he is responsible for the development of the Western Division.

Bill Herrington, EVP for Amerisource, stated: “Randy’s wealth of experience makes him an outstanding addition to our team as we continue to pursue our growth objectives throughout the United States.”


Amerisource Closes $5,000,000 Revolving Credit Facility for Infrastructure Services Firm
Houston, TX - February 21, 2022

Amerisource Business Capital announced the closing and funding of a $5,000,000 senior credit facility for a Colorado-based commercial asphalt, concrete and infrastructure services firm. The proceeds were used to support the company’s growth.

Andy Allaire, Senior Vice President for Amerisource, stated: “The company is backed by a strong management team and private equity sponsor which will drive significant growth for the firm. We are pleased to partner with them during this exciting expansion period for the firm.”


Amerisource Closes $10,000,000 Term Facility for Distribution Firm
Houston, TX - January 1, 2022

Amerisource Business Capital announced the closing and funding of a $10,000,000 revolver for an Oklahoma based distributor supplying fuel to the construction, industrial and energy sectors. The proceeds were used to provide working capital to finance the Company’s continued growth.

Andy Allaire, Senior Vice President for Amerisource, stated: “This new client’s management team has demonstrated an ability to grow the business and scale up its operations rapidly. We are pleased to be providing additional capital in conjunction with their bank to enable this growth.”


Year In Review 2021
Houston, TX - January 1, 2022

"2021 was a year of record growth across all of our secured lending platforms: working capital, real estate, and equipment. We are a leading secured lender to the lower middle market and are also growing our equity portfolio through partnerships with select private equity investors. We are thankful for the confidence placed in us by our clients and referral partners and are looking forward to another year of growth and expansion in products, markets, and relationships.” Bill Herrington, EVP, Amerisource Business Capital.

Check out a few of our 2021 success stories


Amerisource Closes $3,000,000 Term Facility for Trucking Firm
Houston, TX - January 1, 2022

Amerisource Business Capital announced the closing and funding of a $3,000,000 senior credit facility for a Florida-based liquid food trucking firm. The proceeds were used to support ongoing working capital needs.

Kelly Collins, Regional Market Manager for Amerisource, stated: “We are pleased to onboard this new client. The Company is less than 12 months old but has an experienced management team and anticipates future rapid growth. We look forward to our partnership and supporting their continued development.”


Amerisource Closes $2,000,000 Term Facility for Manufacturing Firm.
Houston, TX - December 8, 2021

Amerisource Business Capital announced the closing and funding of a $2,000,000 real estate term loan for a Pennsylvania agriculture and snow removal equipment manufacturer. The proceeds were used to provide working capital for the company’s expected growth. Doug Forbes, Regional Market Manager for Amerisource, stated: “We are excited to have the opportunity to assist the company by providing growth capital during this period of the firm’s expansion.”


Amerisource Closes $1,000,000 Credit Facility for Environmental Services Firm
Houston, TX - December 8, 2021

Amerisource Closes $1,000,000 Credit Facility for Environmental Services Firm Amerisource Business Capital announced the closing and funding of a $1,000,000 senior credit facility for an Oklahoma-based environmental compliance firm serving diverse industries such as agriculture, oil and gas, mining and municipalities. Following an increase in demand, the proceeds were used to support the company’s growth. Andy Allaire, Senior Vice President for Amerisource, stated: “The ownership and management team have years of experience. We are looking forward to providing them the capital to grow.”


Amerisource Closes $500,000 Credit Facility for Manufacturer
Houston, TX - December 8, 2021

Amerisource Business Capital announced the closing and funding of a $500,000 senior credit facility for a Texas based filtration unit manufacturer. The proceeds were used to fund working capital and significant projected growth

Allison Billings, Regional Market Manager for Amerisource, stated: “The management team brings much experience to this newly established company. We look forward to our partnership and supporting their growth ahead.”


Amerisource Closes $6,000,000 Credit Facility for Energy Infrastructure Firm
Houston, TX - December 8, 2021

Amerisource Business Capital announced the closing and funding of a $6,000,000 senior credit facility for a Texas based energy infrastructure firm. The proceeds were used to support the company’s expected growth.

Doug Forbes, Regional Market Manager for Amerisource, stated: “We are excited to assist the company as they grow and expand their services. The company required a lender that would be flexible during their product offering expansion while providing working capital for all its existing lines of business.


Amerisource Closes $10,000,000 Credit Facility for Water Services Firm
Houston, TX - November 8, 2021

Amerisource Business Capital announced the closing and funding of a $10,000,000 senior credit facility and real estate term loan for a Texas based water infrastructure, treatment and recycling firm. The proceeds were used to help fund an acquisition and to support their ongoing working capital needs.

Allison Billings, Regional Market Manager for Amerisource, stated: “We were able to structure a revolver and term facility specific to the company’s needs to help fund the acquisition of a fluid services division of a larger company.” Bill Herrington, EVP of Amerisource added, “Allison and our underwriting team worked quickly to underwrite and deliver a thoughtful structure. We are excited to partner with this management team during a period of rapid growth.”


Amerisource Closes $1,000,000 Credit Facility for Bioscience Firm
Houston, TX - October 25, 2021

Amerisource Business Capital announced the closing and funding of a $1,000,000 senior credit facility for a Texas based Bioscience firm. The proceeds were used to support growth and working capital needs.

Daniel Martinez, Regional Market Manager for Amerisource, stated: “We are pleased to announce our relationship with this rapidly growing biotech company. We delivered an easy underwriting and approval process, eliminating the cumbersome traditional bank financing process, and allowed the Company’s management team to instead focus on growing their business.”

“We are pleased to onboard this new client. Amerisource worked closely with management team and structured a flexible solution to support the Company’s growth and continued success.” said Bill Herrington, EVP for Amerisource.


Amerisource Closes $2,000,000 Credit Facility for Real Estate Firm
Houston, TX - October 25, 2021

Amerisource Business Capital announced the closing and funding of a $2,000,000 real estate term loan for a Tennessee based manufacturing facility.

Daniel Martinez, Regional Market Manager for Amerisource, stated: “The Company was at the end of their loan term with a private real estate bridge lender and was looking to refinance. We were able to close within 30 days. We were pleased to welcome this new client to the Amerisource family.”


Amerisource Closes $2,000,000 Credit Facility for Manufacturing Firm
Houston, TX - October 25, 2021

Amerisource Business Capital announced the closing and funding of a $2,000,000 senior credit facility for an Illinois based manufacturer of nickel and cobalt alloy.

Daniel Martinez, Regional Market Manager for Amerisource, stated: “We are pleased to welcome this new client. Amerisource worked with the consultant and management team to structure a flexible solution to support the Company’s growth after a recent restructuring. We look forward to their continued success.”


Amerisource Closes $3,000,000 Credit Facility for Manufacturing Firm
Houston, TX - October 25, 2021

Amerisource Business Capital announced the closing and funding of a $3,000,000 senior credit facility for a Florida based clothing apparel manufacturer. The proceeds were used to support ongoing working capital needs.

Andy Allaire, Senior Vice President for Amerisource, stated: “We are thrilled to welcome this new client. The ownership and management team have deep experience and successfully navigated recent sourcing and supply chain issues, enabling a return to growth mode after a quick rebound. Our credit facility will allow them to keep the flow of product in to fill growing orders.”


Amerisource Closes $4,000,000 Credit Facility for Staffing Firm
Houston, TX - October 25, 2021

Amerisource Business Capital announced the closing and funding of a $4,000,000 senior credit facility for a nurse staffing firm based in Tennessee. The proceeds were used to fund working capital and continued growth.

Andy Allaire, Senior Vice President for Amerisource, stated: “We are pleased to welcome this new client. The Company has recently seen a significant increase in revenue, which outstripped their current bank’s ability to finance. Our revolving facility structure provides the stability and flexibility to support this growth. We look forward to partnering with the Company and supporting its continued growth.”


Amerisource Honored in M&A 15th Annual Turnaround Awards
Houston, TX - October 18, 2021

Amerisource Business Capital was honored in the M&A Advisor’s 15th Annual Turnaround Awards.  Amerisource received its award at the Turnaround Awards Gala, which took place at the 2021 Distressed Investing Summit on September 29, 2021 in midtown Manhattan.

Amerisource received the award in the “Energy Deal of the Year” in the under-$1 >billion category for closing the senior credit facility and agenting the stretch facility in the acquisition of 5J Transportation Group by SMG Industries.  Chiron Financial LLC served as the investment banker and financial advisor to the seller.

Bill Herrington, EVP for Amerisource, stated: “Being headquartered in Houston, we were pleased to be recognized by M&A Advisor for a transaction in the energy sector, an industry segment we understand very well.  It was also a pleasure working with Chiron Financial LLC again on this transaction."

The Annual M&A Advisor Turnaround Awards recognizes the leading distressed transactions, restructurings, refinancing, products and services, firms, and professionals in the United States and international markets.