Amerisource Closes $1,500,000 Real Estate Term Facility for Food Distribution Company


Release Date: 01/13/21


Amerisource Closes $1,500,000 Real Estate Term Facility for Food Distribution Company

Amerisource Business Capital announced the closing and funding of a $1,500,000 term credit facility for a Texas-based food distribution facility. The proceeds were used to refinance existing debt and to provide additional working capital.

Daniel Martinez, Regional Market Manager for Amerisource, stated: “We were pleased to welcome this new client to the Amerisource family. For a number of reasons, the Company needed to close on this transaction before year-end, and it was a real team effort to achieve during the holidays. Amerisource is excited to see this food distribution facility expand, and we look forward to supporting their continued growth.”

About Amerisource Funding | Amerisource Business Capital
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. https://amerisource.us.com

Working Capital | Real Estate | Equipment