Daily News: November 20, 2013

Amerisource Closes A/R Factoring Facility for Employment Agency

Amerisource announced the closing and funding of a $500,000 A/R factoring facility for an employment agency service based in North Carolina.

Amerisource was introduced to the company by its consultant in an effort to improve the company’s growth plans. Proceeds of the facility were used to refinance the company’s bank line of credit and provide additional working capital.