Amerisource Business Capital closed and funded a $5.5 million credit facility for a metal stamping firm based in Ohio. The proceeds will be used to refinance existing bank debt.

Andy Allaire, senior vice president for Amerisource, said: “Amerisource provided the company with a comprehensive financing package with an Asset Based Revolver on A/R & inventory and a term loan on equipment. We are excited to onboard this new client, and we look forward to our continued partnership.”

Founded in 1984, Amerisource is a direct lender and capital provider to growing businesses throughout the United States with borrowing needs up to $20 million.