Amerisource Business Capital announced the closing and funding of a $1,000,000 revolving credit facility for a design and manufacturing company based in upstate New York. Proceeds of the facility are being used to support their growth.
Andy Allaire, Regional Market Manager for Amerisource, stated: “Following a referral from the client’s bank, Amerisource was able to provide a quick and flexible solution to address the client’s time-sensitive financing needs. The company’s management expressed appreciation for our responsiveness and the speed and certainty of our closing. We are pleased to support this new client as they pursue their growth plans.”