Amerisource Business Capital Funds $3MM Credit Facility for Apparel Manufacturer

Amerisource Business Capital closed and funded a $3 million senior credit facility for a Florida-based clothing apparel manufacturer, which used the proceeds to support ongoing working capital needs.

“We are thrilled to welcome this new client. The ownership and management team have deep experience and successfully navigated recent sourcing and supply chain issues, enabling a return to growth mode after a quick rebound,” Andy Allaire, senior vice president for Amerisource Business Capital, said. “Our credit facility will allow them to keep the flow of product in to fill growing orders.”