Amerisource Closes $2,000,000 Credit Facility for Manufacturing Firm

Release Date: 09/08/21

Amerisource Closes $2,000,000 Credit Facility for Manufacturing Firm

Amerisource Business Capital announced the closing and funding of a $2,000,000 real estate loan for an Ohio based metal stamping and machining firm. The proceeds were used to re-finance the company’s bank loan that was maturing.

Andy Allaire, Senior Vice President for Amerisource, stated: “The company has a strong management team and operates in diverse industries. We look forward to continuing to work with the company as their growth accelerates.”

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