FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / News / Read News


Amerisource Closes $10MM Credit Facility for Water Services Firm

November 09, 2021, 07:48 AM
Filed Under: Recycling

Amerisource Business Capital closed and funded a $10,000,000 senior credit facility and real estate term loan for a Texas-based water infrastructure, treatment and recycling firm. The proceeds were used to help fund an acquisition and to support their ongoing working capital needs.
Allison Billings, Regional Market Manager for Amerisource, stated: “We were able to structure a revolver and term facility specific to the company’s needs to help fund the acquisition of a fluid services division of a larger company.”  Bill Herrington, EVP of Amerisource added, “Allison and our underwriting team worked quickly to underwrite and deliver a thoughtful structure. We are excited to partner with this management team during a period of rapid growth.”

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.