Austin Financial Services, Inc.

Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $3.4MM asset-based lending (ABL) facility comprised of an AR revolver and equipment term loan to an analytical lab and safety compliance testing company servicing the food & beverage, vitamin, and botanical manufacturing industries. ? The Company was seeking to refinance its existing debt stack and needed a trusted lending partner to provide flexible financing options to support their growth plans. Proceeds from AFS’ facility were used to eliminate the company’s MCA loans, refinance the existing bank term debt, and will provide ongoing working capital support. ? #afs #austinfinancialservices #abl #assetbasedlending #termloans #workingcapital https://lnkd.in/eptE7Xez

We are pleased to announce the promotion of Lance Gillis to the position of Director of Credit/Operations at Austin Financial Services (AFS). In his new role, Lance will be responsible for overseeing communication and continuity within the organization. He will play a pivotal role in developing and refining policies and procedures, ensuring they align with the company’s strategic objectives. #austinfinancialservices https://lnkd.in/gjAUsy_3

Austin Financial Services, Inc. (AFS) is pleased to welcome Demetrio Pascual as its new Vice President of Finance. In this role, Pascual will be responsible for overseeing the internal finance department. Pascual's appointment underscores AFS's commitment to excellence in financial management and strategic growth. His expertise is expected to play an important role in driving the company's financial strategies and operational efficiencies. https://lnkd.in/g9BWjWTZ #austinfinancialservices

Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $12MM asset-based lending (ABL) facility. The financing solution, which was extended to a family office-owned manufacturer of yarns and textile floor coverings, includes an AR and Inventory revolver, alongside a Machinery and Equipment term loan. The proceeds from AFS’ facility were used to refinance the company’s existing bank line and to provide additional ongoing working capital, supporting the company's growth objectives through a more flexible facility. #afs #austinfinancialservices #abl #assetbasedlending #accountsreceivable #inventoryrevolver #termloan #workingcapital https://lnkd.in/eDWjQXDc

Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $2.5MM ABL facility to a life sciences company who operates in the field of cell and gene therapy. The organization is actively engaged in?research and development, clinical trials, and commercial production, serving academic institutions, biotech companies, diagnostic centers, pharmaceutical firms, and contract research organizations. Proceeds from AFS’ revolver will provide working capital and support for long-term growth plans. The company’s Founder & CEO commented on the alliance with AFS saying, “We are delighted that an institution of this caliber recognizes our mission and supports our growth through working capital. We want to propel the healthcare field into a successful and meaningful future, expanding treatment options, reducing costs, and broadening access for those who need it most.” “AFS is proud to support businesses on the cutting edge of technology,” said Jason Anish,?President?and CEO.??He continued, “We are committed to providing clients with financing solutions that meet their long-term strategy and mission.” https://lnkd.in/e8_AKu_Q ? #austinfinancialservices #assetbasedlending #abl #workingcapital

Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $10MM ABL facility, comprised of an AR and Inventory revolver to an industry leading foodservice equipment manufacturer & distributor of commercial kitchen equipment. The Company was seeking a lending partner who could provide greater flexibility and more availability than its current bank lender, while also understanding the unique challenges inherent to its business and their industry. Proceeds from the loan were used to refinance the bank and will provide ongoing working capital support to meet the Company’s current sales pipeline and growth opportunities. https://lnkd.in/gf6J3CT7 #austinfinancialservices #assetbasedlending #abl #workingcapital

It was an honor to be a part of the "Getting Deals Done" panel at the SFNet Emerging Leaders Summit in Los Angeles. The panel brought together leading experts from the ABL, banking, and legal industries, including Shadi Enos Jahangir, Emily H. Carroll, Kevin OMalley, and David Phillips, to discuss the essential steps of successfully getting a deal done, from beginning to closing. #austinfinancialservices #SFNet

Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $15MM ABL facility, comprised of an AR and Inventory revolver to a Custom Poultry Processor & Distributor. The Company was seeking a lending partner who could provide greater flexibility than its current bank lender, while also understanding the unique challenges inherent to its business and their industry. Proceeds from the loan were used to refinance the bank and will provide ongoing working capital support to meet the Company’s growth forecasts. #austinfinancialservices #assetbasedlending #workingcapital https://lnkd.in/gdzhYyxD

Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $5MM?ABL?facility to a provider of communications and VoIP solutions to large enterprise businesses.?Proceeds from AFS’ revolver?were used to refinance the bank facility, with additional availability to support increased demand from existing customers, and to meet the Company’s long-term?growth targets. #assetbasedlending #workingcapital #austinfinancialservices https://lnkd.in/eu45DEiw

Happy Holidays from Austin Financial Services! ? While the holiday season means different things to different people, it universally embodies the spirit of togetherness, kindness, and reflection. As we approach the end of another incredible year, we want to take a moment to express our sincere appreciation to our amazing team, industry partners, clients, and everyone who is a part of our community. We’re incredibly proud of the bonds we've built and the progress we've made together. We thank you for your continued support and partnership and look forward to achieving even greater success together in the upcoming year. ? Wishing you and your loved ones a joyful holiday season and a prosperous New Year! ? #AustinFinancialServices #HappyHolidays #HolidayCheer #Gratitude #PeaceOnEarth