Amerisource Business Capital funded a $6 million credit facility for a fuel distribution and transportation company in Pennsylvania.
Proceeds from the facility were used to support the company’s continued growth.
“The company has an experienced management team. We were pleased to provide the needed working capital to help the business grow,” said Andy Allair, market manager for Amerisource. “Equally, we were able to help their bank as the exposure was growing beyond their comfort level. The bank was able to maintain deposits and real estate loans while Amerisource is providing the working capital.”
