Amerisource Business Capital Announces $6 Million Working Capital Facility for Texas-Based Manufacturer
Houston, TX – January 2025 – Amerisource Business Capital is pleased to announce the successful closing and funding of a $6,000,000 working capital facility for a Texas-based manufacturer of custom bulk bags, serving key industries such as chemicals, medical, and food, with a strong international presence.
Doug Forbes, Market Manager at Amerisource, emphasized the importance of the transaction: “Faced with challenges resulting from a downturn in the logistics market, the company needed a lender capable of providing a comprehensive suite of financial solutions to support its turnaround and reorganization efforts. We are excited to have the opportunity to assist in this process by providing the necessary working capital and leveraging all of the company’s asset classes to help drive its continued success.”
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.