Amerisource Completes $1,500,000 Credit Facility for Manufacturer & Distributor


Release Date: 03/08/19


Amerisource Completes $1,500,000 Credit Facility for Manufacturer & Distributor

Amerisource Business Capital announced the closing and funding of a $1,500,000 credit facility for a New York based manufacturer and distributor of electrical components. Proceeds of the facility are being used for growth capital.

Andy Allaire, Senior Vice President for Amerisource, stated: “This firm has a solid management team and strong equity partners, but lacked adequate working capital. We are pleased to partner with and support them as they continue to grow.”


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.