Amerisource Business Capital closed and funded a $2,000,000 senior credit facility for a New York-based commercial bakery, providing private-label baked goods to retail and institutional users. The proceeds were used to fund growth and ongoing operations.
 
Andy Allaire, Senior Vice President for Amerisource, stated: “An Independent Sponsor capitalized the business and they are ramping up production. They required a flexible asset based revolver to fund growth. We are pleased to onboard this new client and look forward to our partnership and the opportunity to support their future growth.”

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