Amerisource announced the closing and funding of a $500,000 A/R factoring facility for an employment agency service based in North Carolina. Amerisource was introduced to the company by its consultant in an effort to improve the Company’s growth plans. Proceeds of the facility were used to refinance the Company’s bank line of credit and provide additional working capital.
Founded in 1984 and headquartered in Houston, TX, 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.