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Amerisource Business Capital Closes $1MM Senior Credit Facility for Texas Firm

April 04, 2019, 09:05 AM
Filed Under: Aviation

Amerisource Business Capital announced the closing and funding of a $1 million senior credit facility for a commercial aviation fuel services company based in Texas. Proceeds of the facility are being used for growth and working capital.

Allison Billings, Regional Market Manager for Amerisource, stated: “We were pleased to provide this credit facility to meet the client’s immediate needs and to support upcoming growth. The company was referred to Amerisource by its banker. The transaction required a rapid underwriting timeline, which was one of the reasons the client selected Amerisource among its other referred lenders. We are happy to welcome this great team onboard, and we look forward to our partnership as their growth continues.”

Amerisource is one of the largest independent finance companies in the nation, having provided over $7 billion in capital to borrowers and clients through both its asset-based lending arm (Amerisource Business Capital) and its A/R financing arm (Amerisource Funding).

Amerisource has offices located throughout the United States.

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