Austin Financial Services (AFS) closed a $4 million asset-based lending (ABL) facility comprised of an accounts receivable revolver to a dynamic third-party logistics and eCommerce order fulfillment provider.
The company sought an experienced partner with lending expertise in their industry who could provide a flexible working capital solution to help them meet their current sales pipeline and support aggressive growth opportunities.
“AFS remains committed to providing custom financing solutions to a wide range of industries in the marketplace,” said Jason Anish, President & CEO of Austin Financial Services. “By offering flexible working capital solutions, we help our clients capitalize on growth opportunities and achieve long-term success.”