Amerisource Business Capital closed a $12 million senior credit facility for a Texas-based field services firm to support the company’s growth plans.

“We were pleased to deliver this asset-based working capital facility, which refinanced a traditional commercial banking revolver. We look forward to supporting the company’s seasoned management team during these challenging times,” Doug Forbes, regional market manager for Amerisource, said. 

Founded in 1984, Amerisource is a direct lender and capital provider to businesses throughout the United States with borrowing needs up to $25 million.