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Amerisource Closes $10MM Working Capital Facility for Manufacturing & Distribution Firm

September 01, 2023, 08:00 AM
Filed Under: Chemicals

Amerisource Business Capital closed and funded a $10,000,000 working capital facility for a Texas-based manufacturer and distributor of industrial chemicals. The proceeds were used to support the company’s ongoing growth.

Randy Goeken, Market Manager for Amerisource, stated: “The client’s accounting and finance departments worked well with our team at Amerisource to get this transaction rapidly completed.” Bill Herrington - EVP, Amerisource, added: “The structure includes a $5 million real estate accordion feature, increasing the transaction total to $15 million when exercised.”







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