Austin Financial Services Funds a $5MM Abl Credit Facility to a Transportation Company With a National Footprint

Austin Financial Services, Inc. (AFS) funded a $5MM ABL facility to a 37 year old Transportation Company with a strong national presence. The Company was seeking a lender for a working capital line who also had the flexibility to provide support for its day-to-day cash needs and to meet the funding demands for its growth strategy. AFS structured a competitive revolving line of credit that unlocked the value of the Company’s assets to maximize borrowing capacity.

AFS’ ABL facility paid off the Company’s existing factoring relationship, provided more flexibility to service its core clientele, fund operations and support its growth. This facility was structured as a multi-year deal with an accordion feature that will expand the line as the Company continues to increase its national presence.

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 $5MM to $120MM and borrowing needs up to $12MM.


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