Year in Review 2023
Release Date: 03/14/24
Year in Review 2023
We experienced strong loan growth across our entire portfolio in 2023. This was fueled by expanding our product and service capabilities in key markets, combined with persistent uncertainty in the banking sector not seen since the 2008 financial crisis. The failure of three major U.S. financial institutions led many banks to pare back middle-market lending to preserve liquidity. We continued to focus on lower middle market opportunities in growth sectors underserved by traditional banks. We further expanded our bridge loan product and equity co-investment platform through partnerships with select private equity investors and independent sponsors. Amerisource’s continued success would not be possible without our client’s and referral partners’ support and confidence, and we are grateful for those partnerships. We expect another year of significant growth and expansion in 2024 in our products, markets, and relationships. Bill Herrington, EVP.
Check out a few of our 2023 clients