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Amerisource Closes $1,000,000 Credit Facility for Healthcare Staffing Software Firm
April 30, 2020
Source: Amerisource Business Capital
Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a nurse staffing and software firm based in Tennessee. The proceeds are being used to support a significant spike in working capital needed to service hospitals which are fighting Covid-19.
Danilo Chang, Regional Market Manager for Amerisource, stated: “We are excited to welcome this new relationship and proud to assist a business that is helping to fight Covid-19.” Bill Herrington, EVP of Amerisource added, “This client is on the leading edge of improving the healthcare staffing model through the use of technology and we look forward to supporting their continued growth.”
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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