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Amerisource Business Capital Closes $1MM Financing for Geological Services Company

November 14, 2018, 07:07 AM
Filed Under: Environmental Services

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a geological services company in Oklahoma. Proceeds of the facility are being used for working capital needed to support sales growth.

Nic Wagner, Regional Market Manager for Amerisource, stated: “We were pleased to provide this credit facility to allow the client to prepare for significant revenue growth.  And our flexible facility structure lacks non-use fees, so our client can manage its expenses if the additional growth is not as robust as predicted.  We look forward to partnering with them through this exciting time in their business.“

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