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News Stories (23 Results) - AmeriSource Funding

Amerisource Business Capital announced the closing and funding of a $2,000,000 asset based revolver for a nationwide sporting goods distributor.The company supplies sporting goods to retail outlets, clubs, high schools and universities and was... view press release
October 30, 2017, 07:00 AM


Amerisource Business Capital announced the closing and funding of a $10,000,000 asset based revolver for an energy services firm. Established in 2005, headquartered in Texas, the firm has operations in Canada, Mexico, India, Saudi Arabia and U.S. The... view press release
October 11, 2017, 08:02 AM


Amerisource Funding | Amerisource Business Capital and Patriot Software recently partnered together to offer significant savings to Amerisource current and prospective customers. Patriot offers straightforward and affordable payroll solutions to... view press release
June 22, 2017, 08:00 AM


Amerisource Funding announced the closing and funding of a $500,000 asset-based revolver for a New York based importer and distributor of consumer electronics.  The company designs, imports and distributes consumer electronics to major US retailers.... view press release
December 05, 2016, 07:20 AM


Amerisource Funding announced the closing and funding of a $500,000 revolving line of credit for a Florida based healthcare IT staffing company. Proceeds of the facility are being used to finance growth and ongoing working capital needs. The company... view press release
November 28, 2016, 07:53 AM


Amerisource Funding announced the closing and funding of a $1 million revolving line of credit for a Pennsylvania-based company that provides services to coal mines.  Proceeds of the facility are being used to refinance an existing line of credit and... view press release
August 02, 2016, 07:39 AM


On October 1, The Commercial Finance Association (CFA) announced its new Executive and Management Committees for 2016.  The Committees, comprised of key leaders in the commercial finance industry, will guide the Association, make policy decisions... view press release
October 07, 2015, 07:19 AM


Amerisource Funding announced the closing and funding of a $2.5 million line of credit for a food distributor in Ohio.  Proceeds of the credit facility were used to refinance the company’s existing bank debt and to provide additional working capital... view press release
November 06, 2014, 07:29 AM


Amerisource Funding announced the closing and funding of a $500,000 line of credit for a digital marketing agency in Arizona, secured by accounts receivable. Proceeds of the facility were used to refinance indebtedness from a factoring company and to... view press release
October 08, 2014, 07:09 AM


Amerisource Funding announced the closing and funding of a $1 million working capital revolver, secured by accounts receivable, for an organic food distributor in New York.The company is a national distributor of organic snack foods with a strong... view press release
October 01, 2014, 07:00 AM


Amerisource announced the closing and funding of a $500,000 credit facility for an oilfield drilling and construction services firm based in Minnesota. Amerisource was the perfect financing partner to execute on the quick turnaround required by this... view press release
June 24, 2014, 07:07 AM


Amerisource announced the closing and funding of a $5 million revolving credit facility for a transportation and logistics company headquartered in California.  This growing company has experienced tremendous growth with a Fortune 100 customer base... view press release
January 21, 2014, 07:17 AM


Amerisource announced the closing and funding of a $500,000 facility for a textiles manufacturing firm headquartered in North Carolina. Proceeds of the facility were used to refinance existing bank debt and provide additional working capital to... view press release
December 10, 2013, 07:21 AM


Amerisource announced the closing and funding of a $500,000 A/R factoring facility for an electronics company based in California.  Recommended to Amerisource by the company’s consultant, this provider of advanced intelligent electronic components... view press release
November 27, 2013, 07:11 AM


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... view press release
November 20, 2013, 07:10 AM


Amerisource announced the closing and funding of a $1 million facility for a frozen foods supplier based in Upstate, NY. Proceeds of the facility were used to refinance existing bank debt and provide additional working capital for the Company.  The... view press release
November 08, 2013, 07:06 AM


Amerisource announced the closing and funding of a $750,000 A/R factoring facility for an underground utility servicer. Proceeds of the facility were used to fund ongoing working capital. The company, located in Indiana, had historically been able to... view press release
October 16, 2013, 07:29 AM


Amerisource announced the closing and funding of a $1.5 million credit facility for a distributor of machinery and drilling parts based in Colorado. The financing was provided in conjunction with a buyer’s purchase of the business. This successful... view press release
October 09, 2013, 07:19 AM


Amerisource announced the closing and funding of a $1 million A/R factoring facility for an IT and administrative staffing agency based in Arizona.   The company had been financed by the ABL division of a large bank, but the company's borrowings were... view press release
October 02, 2013, 09:02 AM


Amerisource announced the closing and funding of a $2 million A/R factoring facility for a defense contractor supplying electronic components in upstate New York. New ownership was recently brought in to recapitalize the company, as it had struggled... view press release
September 12, 2013, 06:53 AM


Amerisource announced that its ABL division, Amerisource Business Capital, closed and funded a $15 million revolving ABL facility for a Texas-based oilfield and industrial services firm. The company had a $10 million traditional bank line of credit... view press release
April 17, 2013, 07:13 AM


Amerisource announced the closing of a $2.5 million asset-based line of credit for a staffing company in Florida, with proceeds of the facility used to refinance higher cost indebtedness and for additional working capital. Founded in 1984 and... view press release
February 12, 2013, 05:04 PM


Amerisource Funding announced the closing and funding of a $1 million credit facility for a business consulting and inspections firm in New York, with proceeds of the facility used to refinance higher cost debt and to provide additional growth... view press release
December 19, 2012, 06:59 AM