Amerisource Business Capital announced the closing and funding of a $2,000,000 asset based revolver for a nationwide sporting goods distributor.
The company supplies sporting goods to retail outlets, clubs, high schools and universities and was seeking a larger line of credit to finance its continued rapid growth. The company approached Amerisource following a referral from its consultant.
Andy Allaire, Market Manager for Amerisource, stated: “We are delighted to welcome this company to our family of clients. The success they have had is a testament to their management team, and we look forward to enabling their continued growth through our flexible and reliable financial products.”