Amerisource Business Capital Closes $2MM Credit Facility for Manufacturing Firm

Amerisource Business Capital closed and funded a $2 million senior credit facility for an Indiana-based contract manufacturing firm that provides powder coating, industrial painting and related tubing products. The firm used the proceeds to fund its acquisition by a private investor.

“We were pleased to welcome this new client to the Amerisource family,” Andy Allaire, senior vice president for Amerisource Business Capital, said. “The ownership has a proven track record of acquiring and growing underperforming businesses. We look forward to supporting their future growth.”