Amerisource Business Capital closed and funded a $2,000,000 senior credit facility for a Louisiana-based manufacturer of component parts. The proceeds were used to support the company’s recent rapid growth.  

Andy Allaire, Senior Vice President for Amerisource, stated: “We are pleased to welcome this new client. The Company has strong manufacturing and operational capabilities and recently engaged a new CFO to enhance financial management and reporting. The banker and CFO recommended Amerisource when the Company’s existing bank was unable to provide enough financing to fund its growth.  Our credit and underwriting team were able to approve and close the financing very quickly.  We look forward to a long term partnership.”