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Amerisource Completes $1MM Credit Facility for Oilfield Tools Company

June 22, 2018, 07:00 AM
Filed Under: Energy Services

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for an oilfield tools and equipment Company in Texas.  Proceeds of the facility were used to support business growth.

Allison Billings, Market Manager for Amerisource, stated: “The Company was referred to Amerisource by its CPA. We were able to quickly underwrite and approve a credit facility to ensure the client has access to capital needed for its continued growth.   It has been a pleasure working with the Company during the onboarding process.  We were pleased to deliver a facility that meets the Company’s needs and look forward to working with them as they pursue their business growth objectives.”

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