Daily News: January 3, 2019

Amerisource Closes $4MM Facility for Oil Field Services Firm


Amerisource Business Capital closed and funded a $4 million credit facility for an oil field services company based in Oklahoma.

Proceeds from the facility will be used for working capital and growth financing.

Andy Allaire, Regional Market Manager for Amerisource, commented, “The company’s ownership and management team are seasoned and well positioned to accelerate business growth. They’ve been a great partner to work with, and we are pleased our new facility will play a key role in achieving that growth. We look forward to working together and seeing them succeed.”