Amerisource Closes $3,000,000 Working Capital Facility For Manufacturer
Release Date: 01/06/23
Amerisource Closes $3,000,000 Working Capital Facility For Manufacturer
Amerisource Business Capital announced the closing and funding of a $3,000,000 working capital facility for a Maryland-based manufacturer of hermetic packages, microelectronic housings, and assemblies. The proceeds were used to support the company’s growth and working capital needs.
Daniel Martinez, Regional Market Manager for Amerisource, stated: “Supply chain bottlenecks caused this manufacturer to restructure its working capital facility. We modified their credit structure to adapt to the client’s changing needs and provided maximum availability against all assets.”