Amerisource Business Capital closed a $5 million revolving credit facility secured by the net equity of a Texas-based real estate portfolio. The working capital provided through this facility will be utilized across the borrower’s equity portfolio to support ongoing growth, development initiatives and portfolio optimization efforts.
“We created a flexible and innovative structure to help a family office efficiently manage and leverage its substantial real estate holdings,” Matt Brice, credit officer for Amerisource Business Capital, said. “Our team worked closely with the client to understand their broader investment objectives and to design a facility that provides both liquidity and flexibility.”
Bill Herrington, executive vice president at Amerisource, added, “This financing enables the client to deploy capital strategically across their portfolio while maintaining the long-term value of their assets. At Amerisource, we take pride in delivering creative financing solutions that align with our clients’ evolving business goals.”
