Amerisource Business Capital closed and funded a $1 million revolving credit facility for a concrete wall manufacturing and installation company in upstate New York.
The proceeds of the facility were used to support continued business growth.
Andy Allaire, market manager for Amerisource, said, “The company’s banker approached Amerisource to help with one of its customers, as the company’s financing needs were beyond what the bank could provide. We delivered a larger revolving credit facility, ensuring the company had access to the additional funds needed to continue to grow. We were pleased to be able to help both the client and our bank partner.”
