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Amerisource Closes $3MM Credit Facility for Manufacturing Firm

October 27, 2021, 07:55 AM
Filed Under: Manufacturing

Amerisource Business Capital closed and funded a $3,000,000 senior credit facility for a Florida-based clothing apparel manufacturer. The proceeds were used to support ongoing working capital needs.
Andy Allaire, Senior Vice President for Amerisource, stated: “We are thrilled to welcome this new client.  The ownership and management team have deep experience and successfully navigated recent sourcing and supply chain issues, enabling a return to growth mode after a quick rebound.  Our credit facility will allow them to keep the flow of product in to fill growing orders.”

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