Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a grease and lubricant manufacturer in Texas. Proceeds of the facility were used to support working capital and business growth.
Allison Billings, Market Manager for Amerisource, stated: “We are excited to welcome this new client to the Amerisource family. We were able to underwrite the transaction very quickly and deliver the exact structure the company was looking for.”