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Far West Capital

US custom financing company

Field	Value
name	Far West Capital
type	privately held
industry	finance
founded	2007
founder	Don Stricklin
Cole Harmonson
hq_location	Austin, Texas
area_served	Austin
Houston
Dallas
El Paso, Texas
Phoenix, Arizona
services	factoring of accounts receivable
asset-based lending
purchase order financing
inventory financing
transportation financing
num_employees	25
website	[farwestcapital.com](https://www.farwestcapital.com/)

Cole Harmonson Houston Dallas El Paso, Texas Phoenix, Arizona asset-based lending purchase order financing inventory financing transportation financing

Far West Capital is a custom financing company. The company has offices in Austin, Houston, Dallas, El Paso, Texas and Phoenix, Arizona. operating as a subsidiary of Houston-based Advantage Business Capital.

Services

Far West Capital provides factoring of accounts receivable, asset-based lending, purchase order financing, inventory financing and transportation financing. The company services clients from various industries, including manufacturing, construction, wholesalers/distributors, B2B services providers, high-tech, bio-technology, staffing and transportation.

History

Far West Capital was founded in 2007 by Don Stricklin and Cole Harmonson in Austin, Texas. Since its inception, the company has grown and expanded its offices to Houston, Texas, Dallas, Texas, El Paso, Texas and Phoenix, Arizona. The company employs 25 employees and has served more than 200 clients, with an annual growth of 20% each year.

Far West Capital provided $300 million in financing in 2011, $500 million in financing in 2012 and has projected $600 million in financing in 2013.

Far West Capital was acquired by Advantage Business Capital in June 2018.

References

Russakoff, Rich. (January 10, 2013). "Who's got your back?". CBS News.
Gonzales, Angela. (June 3, 2013). "Far West Capital expands into Phoenix". Phoenix Business Journal.
n.a.. (5 June 2018). "Advantage Business Capital Acquires Far West Capital". ABFJournal.
Calnan, Christopher. "Xplore Technologies lands $8.5M funding agreement". Austin Business Journal.
"About Far West Capital". Far West Capital.
"Management Team". Far West Capital.
Jeffrey, James. "Austin startup uses factoring to fund growth". Austin Business Journal.

Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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