Amerisource Business Capital closed and funded a $3 million credit facility for an international occupational health services company based in Texas. The company used the proceeds to refinance existing bank debt and support additional working capital needs.
Amerisource Business Capital closed and funded a $4 million revolving credit facility for a Texas-based natural gas compression services firm.
Amerisource Business Capital closed and funded a $4 million credit facility for a manufacturer of lift and power management systems in Texas. The proceeds were used to refinance existing bank debt and to provide additional growth capital.
Amerisource Business Capital closed and funded a $500,000 credit facility for a grease and lubricant manufacturer based in Texas.
Amerisource Business Capital completed a $1 million credit facility for an oilfield tools and equipment services company based in Canada.
Amerisource Funding and Amerisource Business Capital funded several new clients in February 2017, including three firms that received deals between $350,000 and $500,000.
Amerisource announced the promotion of Allison Billings to regional market manager of Texas.