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Amerisource Closes $500,000 Facility for Electronic Components Firm

November 27, 2013, 07:11 AM
Filed Under: Distribution

Amerisource announced the closing and funding of a $500,000 A/R factoring facility for an electronics company based in California.  Recommended to Amerisource by the company’s consultant, this provider of advanced intelligent electronic components recently obtained large opportunities with several well-known retailers and needed financing to support this new business.

Founded in 1984 and headquartered in Houston, Texas, Amerisource is one of the largest and fastest-growing independent commercial finance companies in the country. Amerisource provides working capital financing and outsourced receivables management to small and middle market companies with financing needs from $50,000 to $10 million.

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