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Amerisource Closes $1MM Credit Facility for Manufacturing Company

July 29, 2019, 08:40 AM
Filed Under: Manufacturing

Amerisource Business Capital announced the closing and funding of a $1 million credit facility for a precision parts design and manufacturing company based in New York. The company was recently acquired by a private equity firm and proceeds of the new facility will be used for additional growth capital.

Andy Allaire, Regional Market Manager for Amerisource, stated: “We are excited to welcome this new relationship. The new ownership has a solid track record in acquiring and growing their portfolio companies. Amerisource is pleased to be in a position to provide the needed growth capital.”

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