Amerisource announced that it closed and funded a $500,000 revolving credit facility for a coal mine operator based in Maryland. Proceeds of the facility were used to refinance higher cost debt and for ongoing working capital.
Founded in 1984 and headquartered in Houston, Texas, 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.