Amerisource Business Capital announced the closing and funding of a $1,000,000 revolving credit facility for an eye care product distributor based in New York. The proceeds are being used to provide working capital and to support significant projected growth.

Andy Allaire, Regional Market Manager for Amerisource, stated: “The company has an international presence and is expanding in the U.S.  through acquisition.  We look forward to partnering with this exceptional management team and ownership group as they grow domestically.”

Founded in 1984, Amerisource is a direct lender and capital provider to growing businesses throughout the United States with borrowing needs up to $20 million.  Amerisource is one of the largest independent finance companies in the nation, having provided over $8 billion in capital to over 1,600 companies across the U.S.