Daily News: September 20, 2012

Amerisource Funding Completes Two Transactions


Amerisource Funding announced that it closed and funded a $200,000 working capital credit facility for a chemical manufacturer headquartered in North Carolina. Proceeds of the facility were used to refinance the company’s bank line of credit and provide additional operating capital.

Amerisource also closed and funded a $100,000 line of credit for a custom stone work company in North Carolina. Proceeds of the facility were used for growth capital.

Founded in 1984 and headquartered in Houston, Amerisource is an independent commercial finance company that provides working capital financing and outsourced receivables management to small- and middle-market companies with financing needs from $50,000 to $10 million.