Amerisource Closes $2,000,000 Credit Facility for Manufacturing Firm

Amerisource Business Capital announced the closing and funding of a $2,000,000 senior credit facility for an Indiana-based contract manufacturing firm which provides powder coating, industrial painting, and related tubing products. The proceeds were used to fund the acquisition of the firm by a private investor.

Andy Allaire, Senior Vice President for Amerisource, stated: “We were pleased to welcome this new client to the Amerisource family.  The ownership has a proven track record of acquiring and growing underperforming businesses. We look forward to supporting their future growth.”

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.