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Amerisource Business Capital Funds $2MM Credit Facility for Hardware Manufacturer

October 01, 2019, 08:55 AM
Filed Under: Manufacturing

Amerisource Business Capital announced the closing and funding of a $2,000,000 senior credit facility for a hardware manufacturing company based in California.  Proceeds of the facility are being used to support working capital and sales growth.

Danilo Chang, Regional Market Manager for Amerisource, stated: “We are pleased to welcome this new client.  The client has foreign ownership and is growing very quickly, which created some challenges for conventional bank financing. The Amerisource team delivered a very creative financing solution, and we are looking forward to our partnership with this growing business.”

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