Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for an oilfield tools and equipment services company based in Canada. Proceeds of the facility were used to provide working capital for growth.
Allison Billings, Regional Market Manager for Amerisource, stated: “We are thrilled to welcome this new client to the Amerisource family. Their sister company, a U.S. entity, is also an Amerisource client, and we have enjoyed an excelled relationship with them to date. We look forward to partnering with both of these companies as they continue pursuing their growth strategies.”