Amerisource Closes $5.5MM Credit Facility for Metal Stamping Firm

Amerisource Business Capital closed and funded a $5.5 million credit facility for an Ohio-based metal stamping firm, which used the proceeds to refinance existing bank debt.  

“Amerisource provided the company with a comprehensive financing package with an asset-based revolver on A/R [and] inventory and a term loan on equipment,” Andy Allaire, senior vice president for Amerisource, said. “We are excited to onboard this new client, and we look forward to our continued partnership.”