Amerisource Business Capital announced the closing of a $7,500,000 senior credit facility for a cabinet door and components manufacturer. The proceeds were used to refinance the company’s existing bank debt and provide additional working capital to support growth initiatives.

Grant Flamang, Market Manager for Amerisource Business Capital, commented, “The company was referred to us by a commercial bank seeking a financing partner to provide enhanced liquidity. Amerisource structured a senior secured facility backed by accounts receivable, inventory, and equipment, enabling the client to both strengthen its capital position and pursue new growth opportunities. This transaction is a great example of Amerisource’s ability to deliver creative financing solutions that support our clients’ continued growth and success. We are incredibly grateful for the opportunity to partner with this bank-referred client.”

About Amerisource Business Capital Amerisource is a leading independent direct lender and provider of capital to small and lower middle market businesses seeking senior debt and equity for growth capital, turnaround, or special situations. Founded in 1984, we’ve provided over $2 billion in financing to over 1,600 companies across the US and Canada. Our deep experience and expertise in complex situations allow us to deliver creative structures that maximize liquidity for our clients.