Amerisource Closes $10,000,000 Working Capital Facility for Manufacturing & Distribution Firm.


Release Date: 09/08/23


Amerisource Closes $10,000,000 Working Capital Facility for Manufacturing & Distribution Firm.

Amerisource Business Capital announced the closing and funding of a $10,000,000 working capital facility for a Texas-based manufacturer and distributor of industrial chemicals.  The proceeds were used to support the company’s ongoing growth. Randy Goeken, Market Manager for Amerisource, stated: “The client’s accounting and finance departments worked well with our team at Amerisource to get this transaction rapidly completed.”

Bill Herrington, EVP, Amerisource, added: “The structure includes a $5 million real estate accordion feature, increasing the transaction total to $15 million when exercised.”

About Amerisource Business Capital
Founded in 1984, Amerisource is a direct lender and capital provider to growing businesses throughout the United States with borrowing needs up to $25 million. Amerisource is one of the largest independent finance companies in the nation, having provided over $8 billion in capital to over 1,600 companies across the U.S. Our deep experience and expertise in complex situations allows us to deliver creative solutions that maximize liquidity and flexibility for our clients. Amerisource has clients and offices located throughout the United States. https://amerisource.us.com

Working Capital | Real Estate | Equipment