Amerisource Business Capital closed and funded a $3.5 million credit facility for a wholesale fuel distribution company based in Texas.
Proceeds of the facility will be used for working capital and to support continued growth.
“We are excited to deliver a capital solution to this new client, and we look forward to partnering with the management team to achieve their growth plans,” said Daniel Martinez, regional market manager for Amerisource.
Amerisource is an independent finance company which provides capital to borrowers and clients through both its asset based lending arm Amerisource Business Capital and its A/R financing arm Amerisource Funding.
