Daily News: September 27, 2018

Amerisource Provides $1MM Facility for Metal Stamp Firm


Amerisource Business Capital closed a $1 million credit facility for a metal stamp manufacturer based in Illinois.

Proceeds of the facility were used to refinance the existing lender and for additional working capital needs.

“We are delighted to welcome this new client on board. We were brought in on fairly short notice, and Amerisource was able to deliver a structure that worked for all parties involved, including the outgoing lender. The company has a very talented management team, and we look forward to working with them as they continue to grow their business,” said Lori Lemuel, Amerisource regional market manager.