Amerisource Closes $2,000,000 Working Capital Facility for Manufacturing Company.
Release Date: 09/06/23
Amerisource Closes $2,000,000 Working Capital Facility for Manufacturing Company.
Amerisource Business Capital announced the closing and funding of a $2,000,000 working capital facility for a California-based manufacturer and distributor of designer bathroom vanity units, sinks, toilets, and bidets. The proceeds were used to provide ongoing working capital and to support future growth.
Randy Goeken, Market Manager for Amerisource, stated: “The company’s bank was unwilling to finance their recovery post-Covid. We look forward to supporting their growth and increased working capital needs with our flexible line of credit.”