Amerisource Closes $12,000,000 Credit Facility for Field Services Firm


Release Date: 02/23/21


Amerisource Closes $12,000,000 Credit Facility for Field Services Firm

Amerisource Business Capital announced the closing and funding of a $12,000,000 senior credit facility for a Texas based field services firm. The proceeds were used to support the company’s growth plans.

Doug Forbes, Regional Market Manager for Amerisource, stated: “We were pleased to deliver this asset-based working capital facility which refinanced a traditional commercial banking revolver. We look forward to supporting the company’s seasoned management team during these challenging times.”

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. https://amerisource.us.com

Working Capital | Real Estate | Equipment