Amerisource Funding closed and funded an $800,000 credit line for a California-based staffing company.
Recent growth in company sales led to a sharp increase in employees and higher ongoing operational costs. Due to the company’s heavy concentration in one industry, traditional bank financing was unavailable. The company’s banker referred it to Amerisource as a stable source of working capital to support the company’s continuing growth.
The company provides staffing services for technology, banking and engineering companies.