Amerisource Business Capital closed and funded a $3 million working capital facility for a North Dakota-based transportation and cargo company. The proceeds were used to provide working capital after the company’s previous lender imposed restrictive availability, limiting growth and operational flexibility.
“Amerisource provided a tailored financing solution to meet the company’s working capital needs and support ongoing expansion,” Courtney Mark, business development officer (ABL) for Amerisource, said. “The company was very pleased with the attention we gave to understanding their business, and they were impressed with our creative approach in structuring the transaction.”
