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


Amerisource Closes $1.5MM Credit Facility for Food Manufacturer

May 13, 2022, 07:48 AM

Amerisource Business Capital closed and funded a $1,500,000 credit facility for a New York-based cookie and dessert production firm. The proceeds were used to provide working capital for the company’s expected growth.
Andy Allaire, Senior Vice President for Amerisource, stated: “An independent sponsor acquired this family run business and Amerisource provided an ABL solution to finance the working capital.  We were pleased to be able to provide a financing package to facilitate the growth of the business.”

Comments From Our Members

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