Amerisource Closes $4,000,000 Credit Facility for Staffing Firm
Release Date: 10/25/21
Amerisource Closes $4,000,000 Credit Facility for Staffing Firm
Amerisource Business Capital announced the closing and funding of a $4,000,000 senior credit facility for a nurse staffing firm based in Tennessee. The proceeds were used to fund working capital and continued growth.
Andy Allaire, Senior Vice President for Amerisource, stated: “We are pleased to welcome this new client. The Company has recently seen a significant increase in revenue, which outstripped their current bank’s ability to finance. Our revolving facility structure provides the stability and flexibility to support this growth. We look forward to partnering with the Company and supporting its continued growth.”