Amerisource Business Capital closing and funding a $6 million working capital facility for a Texas-based manufacturer of custom bulk bags, serving key industries such as chemicals, medical and food, with a strong international presence.
“Faced with challenges resulting from a downturn in the logistics market, the company needed a lender capable of providing a comprehensive suite of financial solutions to support its turnaround and reorganization efforts,” Doug Forbes, market manager at Amerisource, said. “We are excited to have the opportunity to assist in this process by providing the necessary working capital and leveraging all of the company’s asset classes to help drive its continued success.”
