Amerisource Funding Named One of Houston’s Top Private Companies
Release date: 6/10/2011
Amerisource Funding, the leader in working capital financing for growing businesses throughout North America, has been named a Top Private Company by the Houston Chronicle. This marks Amerisource’s fifth year of holding the distinction.
“We’re honored to receive such a distinction among our peers in this highly competitive and often challenging local market,” said D. Michael Monk, managing director. “We’re in our 27th year now, and we’re proud to call Houston home. Each one of those years brought new opportunities, as well as new challenges. We look forward to 27 more terrific years in this great city.”
The annual list provided by the daily newspaper ranks privately-held companies based on revenue. Amerisource takes the number 23 spot among the list of 74 companies.
The full list of the top private companies may be found at the Houston Chronicle’s website: www.chron.com.
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Founded in 1984 and headquartered in Houston, Texas, Amerisource is one of the largest and fastest-growing independent commercial finance companies in the country. Amerisource provides working capital financing and outsourced receivables management to small and middle market companies with financing needs from $50,000 to $10,000,000. Core products include asset-based lending revolvers, accounts receivable factoring, seasonal bank "over-lines", outsourced A/R, credit and collections management, debtor-in-possession ("DIP") financing, trade finance for importers, and export factoring. Amerisource also provides portfolio management and servicing for banks through its private label program America's Back-Office for Lenders (TM) and portfolio acquisitions and liquidations.