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Amerisource Completes Credit Facility for IT Services Company

January 25, 2018, 07:00 AM
Filed Under: Technology

Amerisource Business Capital announced the closing and funding of a $450,000 credit facility for a Texas-based IT services company, which repairs and refurbishes computer parts. The company was introduced to Amerisource by a business associate.  Proceeds of the facility were used for working capital.

Lori Lemuel, Market Manager for Amerisource, stated: “The company was experiencing rapid growth and needed additional working capital support.  This is generally a great fit for our line of credit product and we were pleased to close the facility very quickly for them, allowing them to complete year-end vendor payments and tax planning.”

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