Amerisource announced that it closed and funded a $450,000 factoring facility for a wholesaler of computer software and peripheral equipment based in North Carolina. Proceeds of the facility were used to refinance existing bank debt and to provide additional working capital to support increasing sales volumes.
Founded in 1984 and headquartered in Houston, Texas, Amerisource is one of the largest and fastest-growing independent commercial finance companies in the country. Amerisource provides working capital financing and outsourced receivables management to small and middle market companies with financing needs from $50,000 to $10 million.