Amerisource Business Capital closed and funded a $1.5 million credit facility for a New York-based cookie and dessert production firm, which used the proceeds to provide working capital for growth.

“An independent sponsor acquired this family run business and Amerisource provided an ABL solution to finance the working capital,” Andy Allaire, senior vice president of Amerisource Business Capital, said. “We were pleased to be able to provide a financing package to facilitate the growth of the business.”