Amerisource Completes $600,000 Credit Facility for Manufacturing Company


Release Date: 03/07/19


Amerisource Completes $600,000 Credit Facility for Manufacturing Company

Amerisource Business Capital announced the closing and funding of a $600,000 credit facility for a New York based manufacturer of component parts for the aerospace, commercial, military and transportation industries. Proceeds of the facility are being used to fund working capital and growth.

Andy Allaire, Senior Vice President for Amerisource, stated: “We are pleased to provide this revolver to our newest client. The company is a 2nd generation business with a seasoned management team and top tier customers. We look forward to our partnership and supporting the Company’s continued growth financing needs.”


About Amerisource Funding | Amerisource Business Capital
Amerisource Business Capital is a leading independent asset-based provider of capital to middle-market and small businesses that have financing needs beyond traditional bank capabilities. Founded in 1984, and with offices nationwide, Amerisource has provided over $7 billion in financing to companies in markets throughout the United States. Our extensive lending experience in complex situations allows us to deliver rapid responses and maximum availability of capital.