Daily News: March 28, 2014

Amerisource Closes Facility for Automotive Repair Provider

Amerisource announced it closed and funded a $1 million revolver for a provider of containment, sorting, repair and inspection services to the automotive and consumer products industries.

Proceeds were used for ongoing working capital.

The company was referred to Amerisource by its consultant in order to provide additional working capital support. Based in Mississippi, the company has experienced tremendous growth over the past two years and financed its growth internally.