Austin Financial Funds $6MM ABL Facility for Paint Manufacturer
Austin Financial Services funded a $6 million ABL credit facility comprised of an A/R and inventory revolver with an equipment term loan for an industrial paint manufacturer.
Austin Financial Services funded a $6 million ABL credit facility comprised of an A/R and inventory revolver with an equipment term loan for an industrial paint manufacturer.
Austin Financial Services closed a $1.4 million credit facility for a wheel and tire accessory company.
Austin Financial Services funded a $5.25 million ABL credit facility for a private label food manufacturer and distributor of natural foods to grocery stores nationwide.
Tom Derenze joined Austin Financial Services as SVP and chief credit officer. He will be responsible for day-to day-oversight and administration of the company’s loan portfolio and operations.
Jason Anish joined Austin Financial Services as president and CEO. Based in Los Angeles, Anish will oversee all aspects of the ABL company with a focus on portfolio growth through new business initiatives.
Austin Financial and Diamond Creek Capital formed a strategic alliance to provide the market with a single source financing solution for growth capital, acquisitions, recaps and turnarounds.