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


Amerisource Closes $1MM Working Capital Facility for Distribution Firm

June 20, 2022, 09:00 AM
Filed Under: Distribution

Amerisource Business Capital closed and funded a $1,000,000 senior credit facility for a Pennsylvania-based automotive supply distribution firm. The firm is experiencing a period of rapid growth necessitating the need for working capital financing.  

Andy Allaire, Senior Vice President for Amerisource, stated: “The entrepreneur who started the firm has extensive experience in the automotive supply business.  We are happy to be partnering with him and providing the necessary working capital.”

Comments From Our Members

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