Amerisource Business Capital Provides $4MM Credit Facility for Data Management Firm

Amerisource Business Capital closed and funded a $4 million senior credit facility for a Texas-based data management firm. The proceeds were used to refinance the company’s existing bank debt and to support its ongoing growth. 

“We are pleased to welcome this new client and look forward to a long partnership with them,” Joseph Petri, market manager for Amerisource Business Capital, said.  

“We were able to leverage the company’s real estate and working capital assets to provide the capital the company needs to pursue its growth strategy,” Bill Herrington, executive vice president of Amerisource Business Capital, said.

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Sallyport Commercial Finance Provides $1.5MM Factoring Facility to Canadian Baked Goods Manufacturer