Daily News: August 10, 2012

Amerisource Closes Two Transactions Totaling $1.8 Million

Amerisource announced that it closed and funded a $1.5 million revolving credit facility for a commercial printing company located in New York, with proceeds of the facility used to refinance the company’s existing $500,000 bank line of credit and to provide additional working capital.

Amerisource also closed and funded a $300,000 working capital credit facility for an industrial services provider based in Texas, with proceeds of the facility used to provide new working capital.

Founded in 1984 and headquartered in Houston, Amerisource is an independent commercial finance company that provides working capital financing and outsourced receivables management to small- and middle-market companies with financing needs from $50,000 to $10 million.