Amerisource Business Capital announced the closing and funding of a $2,000,000 working capital facility for a Texas-based provider of maintenance and repair services for industrial equipment. The company required additional working capital to support its continued growth initiatives; however, its bank partner was unable to provide the increased line of credit. Amerisource Business Capital structured a flexible financing solution that provided the enhanced liquidity needed to support the company’s expansion plans and ongoing operations.

Allison Billings, Regional Market Manager for Amerisource Business Capital, stated, ‘The owners were a pleasure to work with during the onboarding process. We look forward to our partnership to support their continued success.’

About Amerisource Business Capital Amerisource is a leading independent direct lender and provider of capital to small and lower middle market businesses seeking senior debt and equity for growth capital, turnaround, or special situations. Founded in 1984, we’ve provided over $2 billion in financing to over 1,600 companies across the US and Canada. Our deep experience and expertise in complex situations allow us to deliver creative structures that maximize liquidity for our clients.