Proceeds from the facility will be used to support the company’s growth.
Andy Allaire, regional market manager for Amerisource, commented, “The client has a seasoned management team which is working through a difficult financial situation. Amerisource offered a flexible financing structure to deal with some unique aspects of the business. The company was able to maintain its existing banking relationship.”
Amerisource is one of the largest independent finance companies in the nation, having provided more than $7 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 has offices located throughout the United States.
Cloud-based technology touches almost every aspect of our life, from consuming news and entertainment to travel to simply communicating and connecting with each other. The cloud surrounds us and serves as the connecting force between technology and our daily routines.... read more
University of Pennsylvania organizational psychology professor Adam Grant once said, “The hallmark of originality is rejecting the default and exploring whether a better option exists.” Consider the story of eyeglass company Warby Parker. As college students buried in debt and... read more