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Amerisource Completes $250,000 Credit Facility for Oil Field Services Company

November 22, 2017, 07:00 AM
Filed Under: Mining

Amerisource Business Capital announced the closing and funding of a $250,000 asset based revolver for a Colorado-based drilling company.
The start-up company, which provides a variety of drilling and hydrovac services, was seeking a larger line of credit to finance its continued rapid growth.  The company approached Amerisource following a referral from its consultant.  

Nic Wager, Market Manager for Amerisource, stated: “The client was looking for a quick turnaround to fund their expanding sales.  With the consultant’s help, we were able to close and fund in just eight days. We look forward to supporting this business as it continues to grow and thrive.”

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