Amerisource Funding closed two separate asset-based revolvers for a Virginia-based staffing firm and a freight brokerage firm operating out of Texas, Oklahoma and Mississippi.
Throughout March, Amerisource Funding | Amerisource Business Capital provided $4.55 million in financing to several new clients.
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 that its ABL division, Amerisource Business Capital, closed and funded a $6 million revolving credit facility for BaronHR, a nationwide staffing company based in Delaware.
Amerisource Business Capital closed and funded a $15 million revolving ABL facility for a Texas-based oilfield and industrial services firm.