Amerisource Business Capital Funds $2MM Working Capital Facility for Manufacturer
Amerisource Business Capital closed and funded a $2 million working capital facility for a California-based manufacturer and distributor of designer bathroom vanity units, sinks, toilets and bidets. The client used the proceeds to provide ongoing working capital and to support future growth.
“The company’s bank was unwilling to finance their recovery post-COVID,” Randy Goeken, market manager for Amerisource Business Capital, said. “We look forward to supporting their growth and increased working capital needs with our flexible line of credit.”