Austin Financial Services closed a $15 million asset-based lending facility, comprised of an accounts receivable and inventory revolver, to a custom poultry processor and distributor.

Austin Financial Services closed a $4.5 million asset-based loan facility, consisting of an accounts receivable and inventory revolver, for a manufacturer of prepared salads and spreads.

Austin Financial Services closed an $8 million asset-based lending facility, which includes an equipment term loan, to a manufacturer of metal door and hallway systems for the self-storage industry.

Austin Financial Services closed a $2.5 million credit facility for a distributor of foam, resin and other products sold to major retailers and used by builders/contractors in the residential and commercial market.

Austin Financial Services closed a $4 million ABL facility, consisting of an accounts receivable and inventory revolver, with an equipment term loan, to a private equity owned contract beverage manufacturer based in the Pacific Northwest.

Austin Financial Services closed a $10 million club asset-based lending facility for a toy manufacturer and distributor, which will use the proceeds for seasonal inventory purchases and ongoing working capital to support growth.

Austin Financial Services closed a $3 million ABL facility, which included an AR and Inventory revolver along with an M&E term loan, to a contract and private label manufacturer of chocolate confectionary products.

Austin Financial Services (AFS) closed a $5 million AR only facility to an IT Services Company. Proceeds from AFS’ revolver were used to refinance the company’s existing bank facility and provide ongoing working capital for the company’s growth targets.