Amerisource Business Capital closed and funded a $7,500,000 senior secured revolving credit facility for a Texas-based technology firm specializing in Software as a Service (SaaS) for financial services. The facility will support the company’s rapid growth and working capital needs.
Matt Brice, Relationship Manager, stated, “We were pleased to partner with this Texas-based technology firm to provide growth capital for their portfolio of SaaS-related businesses.” Bill Herrington, EVP of Amerisource, added, “This innovative company provides firms with technology and support to accelerate growth, and we are delighted with our partnership.”