FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Articles / Read Article

Print

Amerisource Closes $5.5MM Revolving Line/Equipment Term Loan Facility for Manufacturer

Date: Aug 24, 2020 @ 08:15 AM
Filed Under: Manufacturing

Amerisource Business Capital announced the closing and funding of a $5,500,000 credit facility for a metal stamping firm based in Ohio.  The proceeds are being used to refinance their existing bank debt. 
 
Andy Allaire, Senior Vice President for Amerisource, stated: “Amerisource provided the company with a comprehensive financing package with an Asset Based Revolver on A/R & inventory and a term loan on equipment. We are excited to onboard this new client, and we look forward to our continued partnership.”

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.