Austin Financial Services Funds a $1.5MM Abl Facility to a Mountain West E-commerce Shipping Company

Austin Financial Services, Inc. (AFS) recently funded a $1.5MM ABL Accounts Receivable line to an e-commerce Shipping Company located in the Mountain West Region. The Company, was looking to exit their current banking relationship for a flexible ABL lender that could understand their growing needs and offer more flexibility under its loan structure at competitive rates.

AFS structured a facility that would allow the Company to service its core clientele while meeting its ongoing general working capital needs. Funds from the AFS line of credit were used to pay off the Company’s existing bank financing obligations and support new business opportunities.

Headquartered in Los Angeles and with a nationwide lending focus, Austin Financial Services (AFS) is a privately held middle-market lender who’s been providing alternative funding in the form of fast & flexible lines of credit to small and medium sized businesses for over 35 years. Austin specializes in asset based lending solutions which includes; revolving lines of credit and term loans secured by AR, inventory, and equipment for businesses in a growth or turnaround mode with revenues from $4MM to $100MM and borrowing needs under $12MM.

Recent News

Austin Financial Services Provides $15MM ABL Facility to a Poultry Processor & Distributor
Austin Financial Services closed a $5MM ABL credit facility to a PE owned Telecommunications Company
AFS Expands Operations Team

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