Amerisource Closes $10,000,000 Revolver & R.E Term Loan Facility for Manufacturing Firm

July 25, 2022

Source: Amerisource Business Capital

Houston, TX. July 2022 - Amerisource Business Capital announced the closing and funding of a $10,000,000 ABL revolver on A/R and inventory and a real estate term loan facility for a Wisconsin-based automotive, truck, and aerospace component part designer and manufacturer.

Andy Allaire, Senior Vice President for Amerisource, stated: “The company is experiencing a significant post COVID expansion which required an increase in working capital. We are excited to be working with this experienced management team and look forward to our continuing partnership”

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 of 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 allow us to deliver creative solutions that maximize liquidity and flexibility for our clients.  Amerisource has clients and offices located throughout the United States. www.amerisource.us.com

 

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