Amerisource Closes $10,000,000 Credit Facility for Green Waste Disposal Company
Release Date: 08/14/23
Amerisource Closes $10,000,000 Credit Facility for Green Waste Disposal Company
Amerisource Business Capital announced the closing and funding of a $10,000,000 senior revolving credit facility and real estate term loan for a Florida-based green waste disposal company. The proceeds were used to refinance existing bank debt and to provide ongoing working capital.
Andy Allaire, Senior Vice President for Amerisource, stated: “We were able to structure a revolver and term facility to refinance existing bank debt and to provide additional working capital to support anticipated growth.” Bill Herrington, EVP of Amerisource, added: “Amerisource was pleased to provide the necessary financing to an innovative and environmentally focused firm and its respected private equity sponsor.”