Austin Financial Services Provides a $2.5MM Revolving A/R Facility to a Logistics and Fulfillment Company

Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $2.5MM revolving A/R facility to a Logistics and Fulfillment Company.  Proceeds from AFS’ revolver were used to support the Company’s growing customer base & near-term plans for expansion.                            

Jason Anish, President & CEO said, “With the uncertainty of our current economic environment, it becomes critical for strong and viable businesses to have the capital support they need.” He continued, “AFS is proud to be a funding source to those businesses and help them navigate the current and future economy to achieve both their short and long-term growth objectives.”       

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 $200MM and borrowing needs of up to $20MM.

www.austinfinancial.com