Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a transportation company based in Oklahoma. Proceeds of the facility are being used to support working capital and growth needs.
Nic Wagner, Regional Market Manager for Amerisource, stated: “We are pleased to welcome this new client to the Amerisource family. The company was introduced to us by an existing Amerisource client, which is always a good start to a new relationship. The company has experienced rapid sales growth over the past two years and needed access to additional working capital. We were delighted to provide a solution, and we look forward to our continued partnership”.