Amerisource Closes $10,000,000 Credit Facility for Green Waste Disposal Company


Release Date: 08/14/23


Amerisource Closes $10,000,000 Credit Facility for Green Waste Disposal Company

Amerisource Business Capital announced the closing and funding of a $10,000,000 senior revolving credit facility and real estate term loan for a Florida-based green waste disposal company. The proceeds were used to refinance existing bank debt and to provide ongoing working capital.

Andy Allaire, Senior Vice President for Amerisource, stated: “We were able to structure a revolver and term facility to refinance existing bank debt and to provide additional working capital to support anticipated growth.”  Bill Herrington, EVP of Amerisource, added: “Amerisource was pleased to provide the necessary financing to an innovative and environmentally focused firm and its respected private equity sponsor.”

About Amerisource Business Capital
Founded in 1984, Amerisource is a direct lender and capital provider to growing businesses throughout the United States with borrowing needs up to $25 million. Amerisource is one of the largest independent finance companies in the nation, having provided over $8 billion in capital to over 1,600 companies across the U.S. Our deep experience and expertise in complex situations allows us to deliver creative solutions that maximize liquidity and flexibility for our clients. Amerisource has clients and offices located throughout the United States. https://amerisource.us.com

Working Capital | Real Estate | Equipment