Daily News: May 6, 2019

Amerisource Provides $1MM Revolver for Design Firm


Amerisource Business Capital provided a $1 million revolving credit facility for a design and manufacturing company based in upstate New York.

Proceeds of the facility will be used to support the company’s growth.

“Following a referral from the client’s bank, Amerisource was able to provide a quick and flexible solution to address the client’s time-sensitive financing needs. The company’s management expressed appreciation for our responsiveness and the speed and certainty of our closing. We are pleased to support this new client as they pursue their growth plans,”said Andy Allaire, Amerisource regional market manager.