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Amerisource Closes $500,000 Facility for Drilling Services Provider

June 24, 2014, 07:07 AM
Filed Under: Construction

Amerisource announced the closing and funding of a $500,000 credit facility for an oilfield drilling and construction services firm based in Minnesota. Amerisource was the perfect financing partner to execute on the quick turnaround required by this high growth business. Proceeds of the facility were used to cover payroll and provide additional working capital to support continued growth through the company’s busy season.

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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