Recent Deal Highlights: $200,000 Furniture Importer, $2,000,000 Manufacturing Company

Release date: January 26, 2009

Houston, TX – Amerisource is pleased to announce it closed and funded 8 new client relationships in November and December 2008. This brings Amerisource’s 2008 full year total funded new commitments to just over $42 million.

Referral Source:  Company’s Banker

Situation

  • Furniture importer; family in business since 1984
  • Overseas suppliers required payment upon shipment, resulting in a 90-day trade cycle shortfall until customers would pay
  • Sales growth coupled with trade cycle was severely straining Company’s cash flow
  • Company’s existing bank had large real estate loans to the Company as well, and could not increase line any further

Approval Period:  4 business days, additional 11 to fund

Result:  When this fuel distributor’s bank was unable to provide the needed working capital, the Company’s consultant referred them to Amerisource.  Now the Company’s operations are really “flowing!”

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About Amerisource Funding
Amerisource is one of the largest independent finance companies in the nation, having provided over $6 billion in capital to borrowers and clients through both its Asset Based Lending arm (Amerisource Business Capital) and its A/R financing arm (Amerisource Funding). Amerisource prides itself on outstanding client service and boasts an industry-best client retention rate in excess of 48 months. Amerisource Funding has offices located throughout the United States.

To learn more, visit http://www.amerisource.us.com.

Contact:

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