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Amerisource Closes $3.5MM Credit Facility for Manufacturing Company

August 13, 2019, 08:05 AM
Filed Under: Manufacturing

Amerisource Business Capital announced the closing and funding of a $3,500,000 credit facility for a speciality manufacturing company based in New York.  Proceeds of the facility are being used to support their growth.

Andy Allaire, Regional Market Manager for Amerisource, stated: “The client has a seasoned management team which is working through a difficult financial situation. Amerisource offered a flexible financing structure to deal with some unique aspects of the business.  The company was able to maintain its existing banking relationship."

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