Amerisource Closes $10,000,000 Credit Facility for Water Services Firm

November 8, 2021

Source: Amerisource Business Capital

Houston, TX. October 2021 - Amerisource Business Capital announced the closing and funding of a $10,000,000 senior credit facility and real estate term loan for a Texas based water infrastructure, treatment and recycling firm.  The proceeds were used to help fund an acquisition and to support their ongoing working capital needs.

Allison Billings, Regional Market Manager for Amerisource, stated: “We were able to structure a revolver and term facility specific to the company’s needs to help fund the acquisition of a fluid services division of a larger company.”  Bill Herrington, EVP of Amerisource added, “Allison and our underwriting team worked quickly to underwrite and deliver a thoughtful structure.  We are excited to partner with this management team during a period of rapid 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.  Amerisource has clients and offices located throughout the United States. www.amerisource.us.com

 

 

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