Amerisource Closes $1,000,000 Credit Facility for Transportation Company

Release Date: 04/29/19

Amerisource Closes $1,000,000 Credit Facility for Transportation Company

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a transportation company based in Oklahoma. Proceeds of the facility are being used to support working capital and growth needs.

Nic Wagner, Regional Market Manager for Amerisource, stated: “We are pleased to welcome this new client to the Amerisource family. The company was introduced to us by an existing Amerisource client, which is always a good start to a new relationship. The company has experienced rapid sales growth over the past two years and needed access to additional working capital. We were delighted to provide a solution, and we look forward to our continued partnership”.

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