Austin Financial Services Closes $10M ABL Facility to a Full-service Beverage Co-packer
June 5, 2023
Source: Austin Financial Services, Inc. (AFS)
Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $10MM ABL facility, which included an AR and Inventory revolver to a large contract beverage manufacturer with a state-of-the-art production and packing facility. Proceeds from AFS’ credit facility were used to purchase inventory for new orders and to support near and long-term growth.
“We partnered with our banking relationships to design a working capital solution that addresses the Company’s short and long-term growth plans,” said Jason Anish, President & CEO. “Our team did an exceptional job working with the many parties involved in the transaction while managing expectations and the timeline for closing.”
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 40 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 $10MM to $250MM and borrowing needs of up to $20MM.
www.austinfinancial.com
“We partnered with our banking relationships to design a working capital solution that addresses the Company’s short and long-term growth plans,” said Jason Anish, President & CEO. “Our team did an exceptional job working with the many parties involved in the transaction while managing expectations and the timeline for closing.”
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 40 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 $10MM to $250MM and borrowing needs of up to $20MM.
www.austinfinancial.com
© 2026 Secured Finance Network
