Austin Consulting Company
Austin Consulting Company
2009-10-29
High-tech Consulting Business was growing rapidly, in need of working capital. Had a small line with a very large bank, but insufficient to support growth. Needed to get the deal done VERY QUICKLY
Deal Summary:
- High-tech Consulting Business based in Austin, Texas
- Business growing rapidly—in need of working capital
- Had a small line with a very large bank – insufficient to support growth
- Needed to get the deal done VERY QUICKLY
Far West Capital Provided:
$600,000 Accounts Receivable Financing Facility
The Far West Capital Difference
This is another example of how our services can help our clients grow their business. In this case, the business owner needed specialized financing the bank was unwilling to provide. This deal was referred to us by a bank that looked at the opportunity and passed, the client is growing and profitable, just unable to obtain the necessary line amount to support their growth.
- We went from introduction to closed and funded in less than 2 weeks, start to finish.
- The client is now on track to triple its business and grow profits at significant clip.
- The banker who referred it to us now has a new deposit client and a future lending
- prospect.
- WIN – WIN – WIN
If we can help you on a deal of your own, please contact us!
Contact:
Cole Harmonson
Far West Capital
(512) 528-1494 Direct
(512) 657-4253 Cell
cole@farwestcap.com
www.FarWestCap.com
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