Austin Financial Services closed a $12 million asset-based lending (ABL) facility comprised of an accounts receivable revolver for a third-party logistics company.
The company, which serves numerous nationally recognized consumer brands, will use the proceeds to support new customer acquisitions and offset costs stemming from tariff pressures.
“In today’s fast-changing economic environment, businesses need more than just capital, they need a partner who can move quickly, adapt strategically, and provide the flexibility to support their growth,” Jason Anish, president and CEO of Austin Financial Services, said. “This client, a former borrower returning to AFS after a period with traditional bank financing, came back for the reliability and flexibility that define our lending approach—a clear testament to the enduring value we bring to our relationships.”
