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.”