Amerisource Business Capital announced the closing of a $25 million senior credit facility for a returning client specializing in the engineering and manufacturing of industrial equipment and components. The company sought a flexible financing solution to refinance its existing commercial bank line of credit while securing additional working capital to support ongoing operations and future growth.

Amerisource structured a customized credit facility secured by the company's real estate and equipment, providing the necessary capital to satisfy its existing bank obligations while enhancing liquidity and financial flexibility.

“By leveraging their real estate and equipment, we were able to provide this returning client with the financing needed to pay off their existing commercial bank line and secure additional working capital. We are pleased to welcome them back to Amerisource and look forward to supporting their continued growth and success,” said Klent Selz, Regional Market Manager for Amerisource Business Capital. 

“This transaction demonstrates our ability to structure creative, flexible financing solutions that traditional banks may not be able to accommodate. We value our long-standing client relationships and take pride in providing customized capital solutions that evolve with our clients’ needs. It's especially rewarding when a client returns to Amerisource, reflecting the trust and confidence we've built over time,” said Bill Herrington, Executive Vice President of Amerisource Business Capital.