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Amerisource Closes $12MM Credit Facility for Field Services Firm

February 24, 2021, 08:15 AM
Filed Under: Energy Services

Amerisource Business Capital announced the closing and funding of a $12,000,000 senior credit facility for a Texas based field services firm. The proceeds were used to support the company’s growth plans.

Doug Forbes, Regional Market Manager for Amerisource, stated: “We were pleased to deliver this asset-based working capital facility which refinanced a traditional commercial banking revolver. We look forward to supporting the company’s seasoned management team during these challenging times.”

Founded in 1984, Amerisource is a direct lender and capital provider to growing businesses throughout the United States with borrowing needs up to $25 million. Amerisource is one of the largest independent finance companies in the nation, having provided over $8 billion in capital to over 1,600 companies across the U.S.  Our deep experience and expertise in complex situations allows us to deliver creative solutions that maximize liquidity and flexibility for our clients.  Amerisource has clients and offices located throughout the United States.

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