Amerisource Business Capital closed and funded a $1 million credit facility for a seafood processing company based in Washington state.
Proceeds from the facility will be used for working capital and growth financing.
Andy Allaire, regional market manager for Amerisource, said, “We are excited to welcome this new client aboard. The company has a seasoned management team, and the private equity sponsors in the business fortified the company’s capital base. We were pleased to deliver a financing structure that provided the company and PE firm with the capital and flexibility they were seeking.”
