Amerisource Business Capital announced the closing and funding of a $10,000,000 credit facility for an IT staffing company based in California. Proceeds of the facility were used to refinance existing bank indebtedness and provide additional working capital to support growth.
Danilo Chang, Market Manager for Amerisource, stated: “The Company was introduced to us by its bank, and we are happy to be working with both parties to support them through this period of rapid growth.”