Amerisource Business Capital Closes $7.5 Million Revolving Credit Facility for Texas Tech Firm

Houston, TX – December 2024 – Amerisource Business Capital is proud to announce the successful closing and funding of a $7,500,000 senior secured revolving credit facility for a Texas-based technology firm specializing in Software as a Service (SaaS) for financial services. The facility will support the company’s rapid growth and working capital needs.

Matt Brice, Relationship Manager, stated, “We were pleased to partner with this Texas-based technology firm to provide growth capital for their portfolio of SaaS-related businesses.” Bill Herrington, EVP of Amerisource, added, “This innovative company provides firms with technology and support to accelerate growth, and we are delighted with our partnership.”

About Amerisource Business Capital Amerisource is a leading independent direct lender and provider of capital to small and lower middle market businesses seeking senior debt and equity for growth capital, turnaround, or special situations. Founded in 1984, we’ve provided over $2 billion in financing to over 1,600 companies across the US and Canada. Our deep experience and expertise in complex situations allow us to deliver creative structures that maximize liquidity for our clients.