Amerisource Business Capital closed a $1 million senior credit facility for a Texas-based healthcare staffing firm. The proceeds were used to refinance the company’s prior loan and to provide additional growth capital.
“This client was brought to Amerisource by its private equity sponsor. The company has been experiencing rapid growth over the past several years, and the pandemic has further accelerated that growth. Our credit facility was structured to provide maximum flexibility to support the company’s growth, and we were able to close within a very tight timeframe — less than 2 weeks. We are excited to partner with this growing company and its sponsor, and we look forward to helping them achieve their goals,” Allison Billings, regional market manager for Amerisource, said.
Founded in 1984, Amerisource is a direct lender and capital provider to businesses throughout the U.S. with borrowing needs up to $20 million.
