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Amerisource Closes $1.5MM Real Estate Credit Facility for Textile Manufacturer

December 03, 2020, 06:48 AM
Filed Under: Textiles

Amerisource Business Capital announced the closing and funding of a $1,500,000 real estate credit facility for a textile manufacturer based in Pennsylvania. The proceeds are being used to re-finance existing debt.
Andy Allaire, Regional Market Manager for Amerisource, stated: “The ownership of the business is well seasoned and needed a lender that could provide real estate bridge financing to work through the current cycle.  It was a quick transaction start-to-finish, and we were pleased to provide a favorable solution for our client.”

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