Daily News: March 5, 2018

Amerisource Closes $10MM Credit Facility for Staffing Company


Amerisource Business Capital closed and funded a $10 million credit facility for an IT staffing company based in California.

Proceeds of the facility were used to refinance existing bank indebtedness and provide additional working capital to support growth.

Danilo Chang, Amerisource market manager, said, “The company was introduced to us by its bank, and we are happy to be working with both parties to support them through this period of rapid growth.”