Amerisource Closes $7,500,000 Real Estate Senior Credit Facility for Biotechnology Company


Release Date: 12/20/23


Amerisource Closes $7,500,000 Real Estate Senior Credit Facility for Biotechnology Company

Amerisource Business Capital announced the closing and funding of a $7,500,000 real estate senior credit facility for a Texas-based biotechnology research and manufacturing company.  The proceeds were used to support its rapid growth.

Joseph Petri, Market Manager for Amerisource, stated: “We are excited to welcome this new client and look forward to supporting their continued growth.”  Bill Herrington added, “We were pleased to support the expansion of this innovative biotech firm which is creating high-paying jobs and diversifying the Texas economy.”

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