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.”

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