Ameri100, a SAP-based strategy consulting firm, closed a $10 million credit facility with Sterling National Bank. The company plans to use this line of credit to further its strategy of acquiring SAP-based IT services and consulting companies.

“This credit facility strengths our capacity to continue to grow through strategic acquisitions,” said Ameri100 president and CEO Giri Devanur.

Stephen Leavenworth, division president at Sterling National Bank, commented, “We believe Ameri100 is poised to expand at a fast pace going forward and are proud to partner with Ameri100 through this credit facility.”