Amerisource Business Capital closed and funded a $1 million credit facility for an IT staffing company in California.

Proceeds from the facility were used to refinance existing bank debt and support continued sales growth.

“Following a referral from the company’s banker, we were able to deliver a flexible credit facility allowing for greater availability to support the company’s business growth,” said Danilo Chang, market manager for Amerisource. “It’s always exciting for us to partner with a growing company, and we are really pleased to be working with this company to meet their strategic and growth objectives.”