Amerisource Closes $8,000,000 Credit Facility for Staffing Firm

Release Date: 01/20/21

Amerisource Closes $8,000,000 Credit Facility for Staffing Firm

Amerisource Business Capital announced the closing and funding of a $8,000,000 senior credit facility for a Texas based healthcare staffing firm. The proceeds were used to refinance the Company’s prior lender and to provide additional growth capital.

Allison Billings Regional Market Manager for Amerisource, stated: “This client was brought to Amerisource by its private equity sponsor. The Company has been experiencing rapid growth over the past several years, and the pandemic has further accelerated that growth. Our credit facility was structured to provide maximum flexibility to support the Company’s growth, and we were able to close within a very tight timeframe – less than 2 weeks. We are excited to partner with this growing company and its sponsor, and we look forward to helping them achieve their goals.”

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.

Working Capital | Real Estate | Equipment