Amerisource Business Capital provided a $1 million credit facility for a Texas-based oilfield tools and equipment company. Proceeds from the facility were used to support business growth.

Allison Billings, market manager for Amerisource, said, “The company was referred to Amerisource by its CPA. We were able to quickly underwrite and approve a credit facility to ensure the client has access to capital needed for its continued growth. It has been a pleasure working with the company during the onboarding process. We were pleased to deliver a facility that meets the company’s needs and look forward to working with them as they pursue their business growth objectives.”