Amerisource Closes $500,000 Facility for Staffing Firm

Release date: January 21, 2015

Amerisource Closes $500,000 Facility for Staffing Firm

Houston, TX – Amerisource Business Capital, the asset-based finance division of Amerisource, announced that it closed and funded a $500,000 revolving line of credit to finance an investor’s acquisition of a Florida-based staffing firm.  Proceeds of the facility were also used to provide additional ongoing working capital.

Founded in 1984 and headquartered in Houston, Texas, Amerisource is one of the largest and fastest-growing independent commercial finance companies in the country. Amerisource provides working capital financing and outsourced receivables management to small and middle market companies with financing needs from $50,000 to $10,000,000. Core products include asset-based lending revolvers,accounts receivable factoring, seasonal bank “over-lines”, outsourced A/R, credit and collections management, debtor-in-possession (“DIP”) financing, trade finance for importers, and export factoring. Amerisource also provides portfolio management and servicing for banks through its private label program America’s Back-Office for Lenders (TM) and portfolio acquisitions and liquidations.

Contact:

Jaylene Cyr (713) 863 8300 Ext. 239
jcyr@amerisource.us.com