Amerisource Closes $2,000,000 Credit Facility for Fuel Distribution Company

Release Date: 04/04/19

Amerisource Closes $2,000,000 Credit Facility for Fuel Distribution Company

Amerisource Business Capital announced the closing and funding of a $2,000,000 revolving credit facility for a Fuel Distribution Company based in Texas. Proceeds of the facility are being used to support working capital needs.

Allison Billings, Regional Market Manager for Amerisource, stated: “We are very excited to welcome this growing company to the Amerisource family. This new client was a referral from another long-standing client of Amerisource, just highlighting one of our core competencies — keeping customers happy with outstanding and consistent customer service, flexible financing structures and dependable capital. It was a pleasure working with the owners and management team during the onboarding process, and we look forward to partnering with them as they continue to grow”.

About Amerisource Funding | Amerisource Business Capital
Founded in 1984, Amerisource is a direct lender to growing businesses throughout the United States with borrowing needs up to $20 million. Amerisource is one of the largest independent finance companies in the nation, having provided over $8 billion in capital to borrowers and clients through both its asset based lending arm (Amerisource Business Capital) and its A/R financing arm (Amerisource Funding). Amerisource has clients and offices located throughout the United States.

Working Capital | Real Estate | Equipment