Amerisource Business Capital Announces $20 Million Senior Credit Facility for Chemical Marketing and Distribution Company

Amerisource Business Capital is pleased to announce the closing and funding of a $20 million senior credit facility for a chemical marketing and distribution company. The company sought a flexible financing solution to refinance its existing bank line and provide additional working capital to support its upcoming growth. Amerisource worked closely with the company’s management team to structure a customized accounts receivable and inventory facility designed to meet the company’s specific business and liquidity needs. “The client is an affiliate of an existing excellent relationship” said Allison Billings, Regional Market Manager for Amerisource. “We worked closely with the management team to develop a customized A/R and inventory facility specifically aligned with their growing business needs. We’re thrilled to welcome them on board and look forward to building a strong partnership.”

About Amerisource Business Capital

Amerisource is a leading independent direct lender and provider of capital to small and lower middle market businesses seeking senior debt and equity for growth capital, turnaround, or special situations. Founded in 1984, we've provided over $2 billion in financing to over 1,600 companies across the US and Canada. Our deep experience and expertise in complex situations allow us to deliver creative structures that maximize liquidity for our clients.

Source: Amerisource Business Capital