Amerisource Funding announced the closing and funding of a $1 million working capital credit facility for a women’s apparel wholesaler in Louisiana. The proceeds of the facility will be used to refinance existing debt and to provide additional working capital to finance a new customer.

Houston, TX-based Amerisource is a 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.