Austin Financial Provides $5MM Revolver to Courier Company

Austin Financial Services closed a $5 million ABL credit facility for a Midwest-based full-service courier company that provides parcel delivery throughout the country.

Austin Financial Closes $5MM Revolver for Manufacturer

Austin Financial Services completed a $5 million senior secured credit facility, comprised of an A/R and inventory revolver, for a manufacturer of specialty trucking equipment and accessories located in the Midwest.

Austin Financial Closes $12.4MM Facility for Aerospace Manufacturer

Austin Financial Services closed a $12.4 million senior secured revolving credit and term loan facility for a manufacturer of precision machined components for the aerospace and defense industries.

Austin Provides $4.3MM ABL Facility to Drilling Tool Company

Austin Financial Services funded a $4.3 million asset-based credit facility for a drilling tool technology company in the oil and gas industry.

Austin Financial Funds $5MM ABL Facility for Midwest Manufacturer

Austin Financial Services closed a $5 million senior secured credit facility for a full-service custom automation and manufacturing company that services the medical and life sciences, consumer goods and aerospace markets.

Austin Financial Hires Three in Portfolio Management & Operations

Trevor Longsworth joined Austin Financial Services as vice president/auditor, while Esther Nuevas and Marilyn Barnes joined as senior collateral analysts in the Los Angeles office.

Austin Funds $1.5MM ABL Facility for Restaurant Equipment Importer

Austin Financial Services recently funded a $1.5 million ABL credit facility for an importer/wholesale distributor of restaurant equipment and furniture. The facility is comprised of an A/R revolver with an inventory sub-line.

Waldrip Joins Austin Financial as Regional SVP

Todd Waldrip joined Austin Financial Services as regional senior vice president, business development officer for the Southeast Division.

Austin Financial Provides $3.1MM ABL Facility to Vineyard

Austin Financial Services funded a $3.1 million senior secured credit facility for a vineyard that specializes in the production and distribution of bulk wine.

Anish Elected CFA Chapter President

Jason Anish, president and CEO of Austin Financial Services, was named president of the Southern California Chapter of the Commercial Finance Association.