Amerisource Business Capital closed and funded a $6,000,000 working capital facility for a Texas-based manufacturer of custom bulk bags, serving key industries such as chemicals, medical, and food, with a strong international presence.
Doug Forbes, Market Manager at Amerisource, emphasized the importance of the transaction: “Faced with challenges resulting from a downturn in the logistics market, the company needed a lender capable of providing a comprehensive suite of financial solutions to support its turnaround and reorganization efforts. We are excited to have the opportunity to assist in this process by providing the necessary working capital and leveraging all of the company’s asset classes to help drive its continued success.”