Amerisource Business Capital announced the closing and funding of a $600,000 credit facility for a New York based manufacturer of component parts for the aerospace, commercial, military and transportation industries. Proceeds of the facility are being used to fund working capital and growth.
Andy Allaire, Senior Vice President for Amerisource, stated: “We are pleased to provide this revolver to our newest client. The company is a 2nd generation business with a seasoned management team and top tier customers. We look forward to our partnership and supporting the Company’s continued growth financing needs.”