Austin Financial Services funded a $1.5 million ABL accounts receivable line of credit to an e-commerce shipping company. The company wanted to exit its current banking relationship and find an ABL lender that could offer competitive rates and more flexibility under its loan structure.

AFS structured a facility that would allow the company to service its core clientele while meeting its ongoing general working capital needs. The company used the funds to pay off its existing bank financing obligations and support new business opportunities.