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News Stories (45 Results) - AmeriSource Business Capital

Amerisource Business Capital announced the closing and funding of a $5,500,000 credit facility for a metal stamping firm based in Ohio.  The proceeds are being used to refinance their existing bank debt.   Andy Allaire, Senior Vice President for... Read Story
August 24, 2020, 08:15 AM


Amerisource Business Capital announced the closing and funding of a $1,500,000 real estate loan to a flow meter manufacturer based in Texas.   Doug Forbes, Regional Market Manager for Amerisource, stated: “We were able to quickly provide the funds... Read Story
August 11, 2020, 08:00 AM


Amerisource Business Capital closed and funded a $6,500,000 credit facility for a chemical and additive manufacturer based in Texas. Proceeds of the facility were used to support the company’s continued growth. Doug Forbes, Regional Market Manager... Read Story
August 06, 2020, 08:00 AM


Amerisource Business Capital announced the closing and funding of a $2,500,000 credit facility for a power generation component part manufacturer and distributor based in Connecticut. The company is recapitalizing its balance sheet and needed a... Read Story
August 05, 2020, 08:50 AM


Amerisource Business Capital announced the closing and funding of a $4,500,000 credit facility for a real estate firm based in Texas. The proceeds are being used to refinance a maturing bank loan.Daniel Martinez, Regional Market Manager for... Read Story
July 31, 2020, 08:00 AM


Amerisource Business Capital announced the closing and funding of a $1,500,000 credit facility for a pre-packaged food manufacturer based in Illinois.The proceeds are being used to fund the company’s continued growth during COVID 19.  Daniel Martinez... Read Story
July 30, 2020, 07:45 AM


Amerisource Business Capital announced the closing and funding of a $3,000,000 credit facility for a distribution company based in California. The proceeds are being used for growth capital.  Andy Allaire, Regional Market Manager for Amerisource... Read Story
July 06, 2020, 08:50 AM


Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a nurse staffing and software firm based in Tennessee. The proceeds are being used to support a significant spike in working capital needed to service... Read Story
April 30, 2020, 09:22 AM


Amerisource Business Capital announced the closing and funding of a $4,000,000 revolving credit facility for a Texas based natural gas compression services firm.Allison Billings, Regional Market Manager for Amerisource, stated: “We worked closely... Read Story
April 28, 2020, 09:00 AM


Amerisource Business Capital announced the closing and funding of a $5,000,000 credit facility for a steel fabricator based in Montana.  The proceeds were used to refinance existing bank debt and to support the company’s continued growth.Andy Allaire... Read Story
April 06, 2020, 09:00 AM


Amerisource Business Capital announced the closing and funding of a $1,000,000 DIP credit facility for a limestone quarry based in Missouri.Daniel Martinez, Regional Market Manager for Amerisource, stated: “We were pleased to work with the client and... Read Story
March 23, 2020, 09:00 AM


Amerisource Business Capital announced the closing of $10 million in credit facilities to complete the leveraged buyout of a transportation and logistics company located in Texas. Amerisource provided term facilities to finance the acquisition, as... Read Story
March 20, 2020, 09:00 AM


Amerisource Business Capital announced the closing and funding of a $4,000,000 credit facility for a manufacturer of lift and power management systems in Texas.  The proceeds were used to refinance existing bank debt and to provide additional growth... Read Story
March 19, 2020, 09:20 AM


Amerisource Business Capital announced the closing and funding of a $1,500,000 revolving credit facility for a marble and granite wholesaler in North Carolina. The proceeds of the facility are being used for working capital, with availability against... Read Story
January 28, 2020, 09:00 AM


Amerisource Business Capital announce Dthe addition of industry veteran Doug Forbes.Mr. Forbes will serve as a Regional Market Manager out of Houston and will be responsible for new business development throughout Texas and Louisiana. He joins... Read Story
January 27, 2020, 09:05 AM


Amerisource Business Capital announced the closing and funding of a $1,000,000 revolving credit facility for a wind farm maintenance company based in Colorado. Proceeds of the facility are being used to support working capital.Nic Wagner, Regional... Read Story
January 13, 2020, 08:00 AM


Amerisource Business Capital announced the closing and funding of a $2,000,000 revolving credit facility for a utility contractor based in the upper Midwest. Proceeds of the facility are being used for growth capital.Nic Wagner, Regional Market... Read Story
January 09, 2020, 08:55 AM


Amerisource Business Capital announced the closing and funding of a $1,000,000 senior credit facility for a component parts manufacturer based in New York.  Proceeds of the facility are being used to support working capital and sales growth.Andy... Read Story
October 31, 2019, 08:00 AM


Amerisource Business Capital announced the closing and funding of a $25,000,000 credit facility for an oil field services company based in Texas and Oklahoma. Andy Allaire, Regional Market Manager for Amerisource, stated: “The company’s existing... Read Story
October 23, 2019, 08:22 AM


Amerisource Business Capital announced the acquisition of two specialty finance business units from MidSouth Bank, based in Lafayette, Louisiana. The two acquisitions included loan portfolios of over 1200 commercial borrowers.  In conjunction with... Read Story
October 17, 2019, 09:15 AM


Amerisource Business Capital announced the closing and funding of a $2,000,000 senior credit facility for a hardware manufacturing company based in California.  Proceeds of the facility are being used to support working capital and sales... Read Story
October 01, 2019, 08:55 AM


Amerisource Business Capital announced the closing and funding of a $3,000,000 credit facility for a long-haul trucking company based in Ohio. Proceeds of the facility are being used to finance an acquisition.Andy Allaire, Regional Market Manager for... Read Story
September 25, 2019, 08:00 AM


Amerisource Business Capital announced the closing and funding of a $500,000 credit facility for a custom equipment fabrication company based in Texas.  Proceeds of the facility are being used to support their working capital growth.Allison Billings... Read Story
September 17, 2019, 08:50 AM


Amerisource Business Capital announced the closing and funding of a $3,000,000 credit facility for a meal and dining services company based in Ohio.  Proceeds of the facility are being used to finance working capital.Andy Allaire, Regional Market... Read Story
August 22, 2019, 08:00 AM


Amerisource Business Capital announced the closing and funding of a $3,500,000 credit facility for a speciality manufacturing company based in New York.  Proceeds of the facility are being used to support their growth.Andy Allaire, Regional Market... Read Story
August 13, 2019, 08:05 AM


Amerisource Business Capital announced the closing and funding of a $5,000,000 credit facility for a manufacturing company based in Texas which supports the LNG industry.  Proceeds of the facility were used to refinance the Company’s existing bank... Read Story
August 09, 2019, 08:55 AM


Amerisource Business Capital announced the closing and funding of a $1 million credit facility for a precision parts design and manufacturing company based in New York. The company was recently acquired by a private equity firm and proceeds of the... Read Story
July 29, 2019, 08:40 AM


Amerisource Business Capital announced the closing and funding of a $3 million credit facility for a transportation company based in Colorado. Proceeds of the facility are being used to support its rapid growth. Nic Wagner, Regional Market Manager... Read Story
July 11, 2019, 08:50 AM


EY recently announced Jason Floyd and Michael Monk of Amerisource Business Capital as finalists for the Entrepreneur Of The Year® 2019 Award in the Gulf Coast Area. Widely considered one of the most prestigious business awards programs in the U.S.... Read Story
May 14, 2019, 09:00 AM


Amerisource Business Capital announced the closing and funding of a $1,000,000 revolving credit facility for a design and manufacturing company based in upstate New York. Proceeds of the facility are being used to support their growth.Andy Allaire... Read Story
May 06, 2019, 08:45 AM


Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a transportation company based in Oklahoma.  Proceeds of the facility are being used to support working capital and growth needs.Nic Wagner, Regional... Read Story
April 30, 2019, 08:30 AM


Amerisource Business Capital announced the closing and funding of a $2,000,000 revolving credit facility for a Fuel Distribution Company based in Texas.  Proceeds of the facility are being used to support working capital needs.Allison Billings... Read Story
April 05, 2019, 08:50 AM


Amerisource Business Capital announced the closing and funding of a $1 million senior credit facility for a commercial aviation fuel services company based in Texas. Proceeds of the facility are being used for growth and working capital.Allison... Read Story
April 04, 2019, 09:05 AM


Amerisource Business Capital announced the closing and funding of a $1 million credit facility for a steel fabrication company based in Texas. Proceeds of the facility are being used for growth capital.Daniel Martinez, Regional Market Manager for... Read Story
March 29, 2019, 08:55 AM


Amerisource Business Capital announced the closing and funding of a $1,500,000 credit facility for a New York based manufacturer and distributor of electrical components. Proceeds of the facility are being used for growth capital. Andy Allaire... Read Story
February 28, 2019, 07:02 AM


Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility to finance the acquisition of a textile processing company based in North Carolina. Kelly Collins, Regional Market Manager for Amerisource, stated: “This... Read Story
January 18, 2019, 07:06 AM


Amerisource Business Capital announced the closing and funding of a $3,500,000 credit facility for a wholesale fuel distribution company based in Texas.  Proceeds of the facility will be used for working capital and to support continued... Read Story
January 16, 2019, 07:00 AM


Amerisource Business Capital announced the closing and funding of a $500,000 credit facility for a mechanical repair and service company based in Texas. Proceeds of the facility will provide working capital to support growth. Justin Carter, Regional... Read Story
January 15, 2019, 07:00 AM


Amerisource Business Capital announced the closing and funding of a $4,000,000 credit facility for an oil field services company based in Oklahoma. Proceeds of the facility are being used for working capital and growth financing.Andy Allaire... Read Story
January 03, 2019, 08:01 AM


Amerisource Business Capital announced that Justin Carter, market manager, will serve as Programs Chair for the Risk Management Association (RMA) Los Angeles Chapter.  Justin Carter stated: ““I’m excited to serve as the Programs Chair for RMA Los... Read Story
August 31, 2018, 07:01 AM


Amerisource Business Capital announced the closing and funding of a $2,000,000 debtor-in-possession senior revolving credit facility for a paperboard manufacturing company in New York.  The proceeds of the facility are being used for working capital... Read Story
April 30, 2018, 07:00 AM


Amerisource Business Capital announced the closing and funding of a $10,000,000 credit facility for an IT staffing company based in California. Proceeds of the facility were used to refinance existing bank indebtedness and provide additional working... Read Story
March 05, 2018, 06:57 AM


Amerisource Funding | Amerisource Business Capital announced the closing and funding of a $5 million asset based revolver for a repair and maintenance firm. Established in 2014, the Texas-based firm services the petrochemical industry, refineries... Read Story
August 01, 2017, 07:16 AM


Amerisource announced the addition of Elliot Smith to the Amerisource family. Elliot brings both management and sales experience in the factoring / ABL industry. Elliot’s former experience includes being the National Sales Manager for Sallyport... Read Story
June 27, 2016, 08:00 AM


Amerisource Business Capital, the asset-based lending division of Amerisource, announced the closing and funding of a $500,000 line of credit for a marine cargo handling company in Texas.  Proceeds of the facility were used to refinance a smaller... Read Story
May 28, 2015, 07:18 AM