Amerisource Business Capital Provides $4 Million Working Capital Facility to Office Chair Manufacturer/ Independent Sponsor

Amerisource Business Capital is pleased to announce the closing and funding of a $4,000,000 working capital facility for a leading manufacturer of office chairs. The company required additional working capital to support its continued growth but had reached the lending capacity of its existing banking relationship. "Many growing companies reach a point where traditional financing no longer aligns with their capital needs," said Bill Herrington, Executive Vice President of Amerisource Business Capital. "We take pride in delivering flexible working capital solutions that enable businesses to capitalize on growth opportunities while providing the financial resources they need to execute their strategic plans. We are pleased to partner with this company and its independent equity sponsor on its next phase of growth."