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Amerisource Closes $1MM Working Capital Facility for Electronics Manufacturer

January 26, 2023, 07:40 AM
Filed Under: Electronics

Amerisource Business Capital closed and funded a $1,000,000 working capital facility for a Texas-based electronics manufacturer. The company had been a former client of Amerisource for over 20 years before moving its revolver to a commercial bank. The company’s recent expansion prompted moving its revolver back to Amerisource for greater availability and a more flexible financing structure to support the company’s accelerating growth.

Bill Herrington, EVP for Amerisource, stated: “We are pleased to partner with this returning client and look forward to supporting them through this significant growth period.”

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