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Amerisource Closes $4MM Credit Facility for Equipment Rental Firm

April 29, 2020, 07:00 AM

Amerisource Business Capital announced the closing and funding of a $4 million revolving credit facility for a Texas-based natural gas compression services firm.

Allison Billings, Regional Market Manager for Amerisource, stated: “We worked closely with management to provide an asset-based facility that supported working capital needs, as well as the flexibility to acquire additional equipment.  They were great to work with during the process and we look forward to our partnership.”

Bill Herrington, EVP of Amerisource, added, “This company is supported by a respected private-equity firm and we were pleased to structure a credit facility that met their needs.”

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