Amerisource Business Capital closed and funded a $500,000 credit facility for a distributor of parts and components for light and heavy-duty trucks based in Nebraska.
Proceeds from the facility were used for general working capital and to support growing sales.
Andy Allaire, market manager for Amerisource, said, “Despite being a relatively new business, the company’s management team has significant industry experience. Their existing banker referred the company to Amerisource in an effort to retain the company’s growing deposit base and ancillary banking needs. Our team worked well with the company through the approval process, and we are looking forward to our continued partnership.”
