Amerisource Closes $10,000,000 Revolver & R.E Term Loan Facility for Manufacturing Firm
Release Date: 07/26/22
Amerisource Closes $10,000,000 Revolver & R.E Term Loan Facility for Manufacturing Firm
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”