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Amerisource Closes $3,000,000 Credit Facility for Transportation Company
September 24, 2019
Source: Amerisource Business Capital
Amerisource Business Capital announced the closing and funding of a $3,000,000 credit facility for a long haul trucking company based in Ohio. Proceeds of the facility are being used to finance an acquisition.
Andy Allaire, Regional Market Manager for Amerisource, stated: “We are excited to welcome this new client to Amerisource. We structured an asset based revolver which provided funds for an acquisition as well as working capital expansion. We look forward to our partnership and supporting the company’s continued growth needs. “
About Amerisource Business Capital | Amerisource Funding
Amerisource is one of the largest independent finance companies in the nation, having provided over $8 billion in capital to borrowers and clients through both its asset based lending arm (Amerisource Business Capital) and its A/R financing arm (Amerisource Funding). Amerisource has offices located throughout the United States. www.amerisource.us.com
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