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Amerisource Provides $300,000 Facility for Parts Manufacturer

April 08, 2014, 06:44 AM
Filed Under: Manufacturing

Amerisource announced that it closed and funded a $300,000 factoring facility for a manufacturer of parts for the auto, aerospace and firearms industries.
The client is based in North Carolina, and proceeds of the facility were used to refinance existing debt and provide additional working capital.

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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