Amerisource Business Capital closed and funded a $10 million senior revolving credit facility and real estate term loan for a Florida-based green waste disposal company. The proceeds were used to refinance existing bank debt and to provide ongoing working capital.
“We were able to structure a revolver and term facility to refinance existing bank debt and to provide additional working capital to support anticipated growth,” Andy Allaire, senior vice president for Amerisource Business Capital, said.
“Amerisource was pleased to provide the necessary financing to an innovative and environmentally focused firm and its respected private equity sponsor,” Bill Herrington, executive vice president of Amerisource Business Capital, said.
