Amerisource Business Capital Funds $10MM in Financing for Water Treatment Firm

Amerisource Business Capital closed and funded a $10 million senior credit facility and real estate term loan for a Texas-based water infrastructure, treatment and recycling firm, which used the proceeds to help fund an acquisition and to support working capital needs.

“We were able to structure a revolver and term facility specific to the company’s needs to help fund the acquisition of a fluid services division of a larger company,” Allison Billings, regional market manager for Amerisource Business Capital, said.

“Allison and our underwriting team worked quickly to underwrite and deliver a thoughtful structure,” Bill Herrington, executive vice president of Amerisource Business Capital, said. “We are excited to partner with this management team during a period of rapid growth.”