Austin Financial Services 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...
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March 14, 2023, 07:09 AM
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Austin Financial Services (“AFS”), a Los Angeles, CA based provider of asset-based lending solutions to small and medium sized businesses for over 40 years, closed a $115 million debt recapitalization with two lenders, lowering the company’s overall...
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September 27, 2022, 07:57 AM
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Austin Financial Services, Inc. (AFS) recently funded a $2 million asset-based credit facility for a security services company. The client, who has multiple locations throughout the country, provides security services for a wide range of venues...
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November 21, 2016, 07:48 AM
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Austin Financial announced two new hires in portfolio management and operations: Karla Gorgij and Eric Richardson. Gorgij joins Austin Financial Services as Vice President, Relationship Manager in Loan Portfolio. Based in Los Angeles, Gorgij will be...
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July 18, 2016, 07:49 AM
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Austin Financial Services, Inc. recently funded a $5.25 million asset-based loan credit facility comprised of an A/R and inventory revolver with a $1 million equipment term loan. The company is a private label food manufacturer, wholesaler and...
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May 06, 2016, 09:10 AM
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Austin Financial Services, Inc. and Diamond Creek Capital, LLC (DCC) announced their formation of a strategic alliance. The alliance of DCC, a special situations cash flow and enterprise value lender, and Austin, a privately funded asset based lender...
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March 30, 2015, 08:07 AM
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