Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a Texas based firm which provides repair and maintenance services to the petrochemical industry. The proceeds are being used to fund the company’s ongoing working capital needs.
Allison Billings, Regional Market Manager for Amerisource, stated: “The firm is a newly established entity, but the owners bring decades of industry experience to this company and are poised for significant growth ahead.”