Amerisource Closes $1,000,000 Working Capital Facility for Manufacturing Services
Release Date: 01/27/23
Amerisource Closes $1,000,000 Working Capital Facility for Manufacturing Services
Amerisource Business Capital announced the closing and funding of a $1,000,000 working capital facility for a Texas-based electronics manufacturer. The company had been a former client of Amerisource for over 20 years before moving its revolver to a commercial bank. The company’s recent expansion prompted moving its revolver back to Amerisource for greater availability and a more flexible financing structure to support the company’s accelerating growth.
Bill Herrington, EVP for Amerisource, stated: “We are pleased to partner with this returning client and look forward to supporting them through this significant growth period.”