Amerisource Business Capital funded of a $1 million credit facility to finance the acquisition of a textile processing company based in North Carolina.
Kelly Collins, regional market manager for Amerisource, said, “This 30-year old business has been very successful. We are excited to partner with the new ownership to finance the company’s transition and continued growth.”
Amerisource provides over $7 billion in capital to borrowers and clients through both its asset based lending arm and its A/R financing arm.
