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Amerisource Business Capital Closes $2.5MM Credit Facility for NY Manufacturer

February 05, 2020, 09:00 AM
Filed Under: Manufacturing

Amerisource Business Capital announced the closing and funding of a $2,500,000 credit facility for a kitchen counter manufacturer based in New York.  The proceeds are being used for working capital.

Andy Allaire, Regional Market Manager for Amerisource, stated: “We are pleased to welcome this new client. Following a change of ownership, the Company‘s bank was unable to renew its revolver. Amerisource was approached and was able to approve and close a revolving facility in under two weeks. We have enjoyed working with the new owners and look forward to our continued partnership.”

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