Amerisource Closes $12MM Senior Credit Facility for CA-Based Distributor

Amerisource Business Capital closed and funded a $12 million senior credit facility for a California-based distributor of construction materials. The distributor used the proceeds to provide additional growth capital.

“We are pleased to welcome this new client,” Andy Allaire, senior vice president of Amerisource, said. “The ownership group has extensive industry experience and they recently brought on a new senior management team to guide the restructured and growing business. We look forward to partnering with this company and supporting its continued growth”

Amerisource is a direct lender and capital provider to businesses throughout the United States with borrowing needs up to $25 million.