Austin Financial Services (AFS) Closes a $5MM ABL Facility to a Logistics Provider Serving e-Commerce Retailers

Austin Financial Services is pleased to announce the closing of a $5 million asset-based lending facility consisting of an accounts receivable revolver for a growing logistics provider serving e-commerce retailers. Following its recent buyout of a foreign partner, the company sought a strategic partnership with a knowledgeable lender capable of providing continuous working capital to support growth initiatives, meet seasonal demands, and address long-term financial needs.

“AFS remains committed to delivering customized financing solutions across a wide variety of industries,” said Jason Anish, President and CEO of Austin Financial Services. “We look forward to working closely with them to provide the working capital they need to fuel growth, drive innovation, and succeed in a competitive marketplace.”

About Austin Financial Services (AFS)

Headquartered in Los Angeles, Austin Financial Services (AFS) is a privately held, nationwide leader in asset-based lending, serving the middle-market sector for over 40 years. Specializing in alternative funding options, AFS provides support to small and medium-sized businesses that are experiencing growth or undergoing a turnaround. Clients typically have revenues ranging from $10MM to $250MM and have borrowing needs of up to $20MM. AFS’s comprehensive portfolio includes flexible revolving lines of credit secured by accounts receivable and inventory, along with term loans secured by machinery and equipment.