Austin Financial Services Closes $7MM Credit Facility for Leading Print-on-Demand Company
Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $7 million credit facility for one of the largest print-on-demand companies in the country.
In search of a more strategic lending partner, the company turned to AFS for a financing solution that better aligned with its evolving business needs. The facility enabled the company to refinance its existing bank loan while providing additional working capital to expand production capacity and support projected revenue growth.
“At AFS, our mission is to provide personalized financing solutions tailored to the unique needs and growth stages of each client,” said Jason Anish, President & CEO. “We take pride in building relationships that extend beyond capital, offering clear guidance and becoming a trusted partner in our clients’ long-term success. This transaction highlights our commitment to helping businesses access the capital they need to scale and succeed.”
About Austin Financial Services (AFS)
Headquartered in Los Angeles, Austin Financial Services (AFS) is a privately held, nationwide leader in asset-based lending, serving the lower-middle-market sector for over 40 years. Specializing in alternative financing solutions, AFS provides fast and flexible lines of credit to small and medium-sized businesses that are experiencing growth or undergoing a turnaround. Clients typically have revenues ranging from $10MM to $250MM and have borrowing needs of up to $20MM. AFS’s comprehensive portfolio includes flexible revolving lines of credit secured by accounts receivable and inventory, along with term loans secured by equipment.