Austin Financial Services closed a $3.5MM A/R only credit facility to a fifty-year-old materials recycling company based in the Western Region. Proceeds from AFS’ revolver were used to refinance the Company’s existing bank facility and will provide ongoing working capital support.
Jason Anish, President & CEO said, “AFS is pleased to be a valued lending partner to a recognized industry leader, whose focus is to continue to grow and innovate its offering in the marketplace.” He continued, “we strive to provide our customers with flexible and dependable capital solutions with a best-in-class service experience in our industry.”