Austin Financial Services Provides $8.5MM A/R and Inventory Facility to Dairy Distributor

Austin Financial Services closed an $8.5 million revolving accounts receivable and inventory facility to a Midwest-based dairy and dairy by-products supplier, which used the proceeds to pay off the company’s existing bank line and to provide additional funds for working capital support and growth.

“Our revolving credit facilities offer businesses a value-based financial solution that help them better serve the growing demands of their customer base.” Jason Anish, president and CEO of Austin Financial Services, said. “AFS is committed to serving our broad range of sustainability-focused clients to ensure their ongoing success in the marketplace, both in the short and long term.”