Amerisource Closes $1,500,000 Credit Facility for Transportation Firm

Release Date: 06/23/21

Amerisource Closes $1,500,000 Credit Facility for Transportation Firm

Amerisource Business Capital announced the closing and funding of a $1,500,000 senior credit facility for a Texas-based transportation services which serves the construction industry. The proceeds were used to facilitate the purchase of additional vehicles and support their ongoing working capital needs.

Daniel Martinez, Regional Market Manager for Amerisource, stated: “It was a pleasure to work with the company’s management team and provide them with a working capital solution to support their growth. We provided an equipment line of credit where they can quickly purchase supplementary trucks as their company continues to grow.”

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