Amerisource Business Capital Provides $1MM Working Capital Facility to Distribution Firm

Amerisource Business Capital closed and funded a $1 million senior credit facility for a Pennsylvania-based automotive supply distribution firm. The firm is experiencing a period of rapid growth necessitating the need for working capital financing.

“The entrepreneur who started the firm has extensive experience in the automotive supply business,” Andy Allaire, senior vice president for Amerisource Business Capital, said. “We are happy to be partnering with him and providing the necessary working capital.”