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Amerisource Closes $10MM Financing for Manufacturing Firm

July 27, 2022, 06:28 AM
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Topic: Manufacturing

Amerisource Business Capital closed and funded a $10,000,000 ABL revolver on A/R and inventory and a real estate term loan facility for a Wisconsin-based automotive, truck, and aerospace component part designer and manufacturer.
 
Andy Allaire, Senior Vice President for Amerisource, stated: “The company is experiencing a significant post COVID expansion which required an increase in working capital. We are excited to be working with this experienced management team and look forward to our continuing partnership.”

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