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 announced the closing and funding of a $1 million credit facility for a cellular communications equipment manufacturer based in upstate New York.
Amerisource announced the closing and funding of a $2 million A/R factoring facility for a defense contractor supplying electronic components in Upstate, NY.
Amerisource funded a $500,000 ABL revolver for Universal Premier Electronics. Proceeds were used to pay off the company’s existing bank debt and provide additional growth capital.
Amerisource Business Capital closed and funded a $15 million revolving ABL facility for a Texas-based oilfield and industrial services firm.
Amerisource recently provided financing to a staffing company, a medical furniture manufacturer and an automotive detailer. The transactions totaled $3.6 million.