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Amerisource Closes $4,000,000 Credit Facility for Equipment Rental Firm
April 28, 2020
Source: Amerisource Business Capital
Amerisource Business Capital announced the closing and funding of a $4,000,000 revolving credit facility for a Texas-based natural gas compression services firm.
Allison Billings, regional market manager for Amerisource, stated: “We worked closely with management to provide an asset-based facility that supported working capital needs, as well as the flexibility to acquire additional equipment. They were great to work with during the process and we look forward to our partnership.” Bill Herrington, EVP of Amerisource, added, “this company is supported by a respected private equity firm and we were pleased to structure a credit facility that met their needs.”
About Amerisource Business Capital | Amerisource Funding
Founded in 1984, Amerisource is a direct lender to growing businesses throughout the United States with borrowing needs up to $20 million. 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 clients and offices located throughout the United States. www.amerisource.us.com
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