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Far West Capital Provides Working Capital Finance Services


Austin, TX - 7/12/07 -- Small businesses in need of working capital financing have a new option. Austin-based Far West Capital provides accounts receivable factoring, asset based lending, and similar services designed to provide growing companies with much-needed working capital.

Far West Capital is specialty finance company focused on providing highly customized working capital products to small and medium-sized companies. These services can benefit any business with accounts receivable that needs capital for sustained operation and continued growth. Companies can use the working capital they obtain through this service for a variety of business needs — material acquisition, operating capital, turnaround financing, recapitalization and more.

Essentially, companies who meet the description above can assign their accounts receivable (invoices) to Far West Capital in exchange for the working capital / cash flow that the company need to grow. The people who owing the invoices would then send their payments to Far West Capital.

Leading Far West Capital is Cole Harmonson, who has more than 20 years' experience in the world of working capital financing and factoring. Harmonson explained what it is that makes Far West Capital different from other companies in the working capital financing industry:

"We customize the relationship based on the needs of our client. A lot of companies preach that, but we practice it as well. Each client is different, so we start the process with this knowledge, and then we create a financing solution around their individual needs. It's challenging for us, but it helps us differentiate our company by providing a more flexible service to clients."

Also see: About Far West | Frequently Asked Questions