Daily News: August 13, 2019

Amerisource Provides $3.5MM Facility for Manufacturer


Amerisource Business Capital provided a $3.5 million credit facility to a specialty manufacturing company based in New York.

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

“The client has a seasoned management team which is working through a difficult financial situation. Amerisource offered a flexible financing structure to deal with some unique aspects of the business. The company was able to maintain its existing banking relationship,” said Andy Allaire, regional market manager for Amerisource,