Far West Capital
| Company type | Subsidiary |
|---|---|
| Industry | Financial services |
| Founded | January 1, 2007 |
| Founder | Don Stricklin, Cole Harmonson |
| Headquarters | Austin , United States |
Area served | Texas, Arizona |
Key people | Don Stricklin, Cole Harmonson |
| Products | Factoring accounts receivable, asset-based lending, purchase order financing, inventory funding, transportation financing |
Number of employees | 25 |
| Parent | Advantage Business Capital |
| Website | www |
Far West Capital is a tailored financing firm based in Austin, Texas, maintaining additional locations in Houston, Dallas, El Paso, and Phoenix, Arizona. It functions as a subsidiary under the Houston-headquartered Advantage Business Capital.
Services
The company focuses on factoring accounts receivable, asset-based lending, purchase order financing, inventory funding, and transportation financing solutions. Its clientele includes industries such as manufacturing, construction, wholesale and distribution, B2B services, high technology, biotechnology, staffing, and transportation.
History
Established in 2007 by Don Stricklin and Cole Harmonson in Austin, Texas, Far West Capital has grown to operate several offices throughout Texas and Arizona. With a workforce of 25 employees, the firm has supported more than 200 clients and achieved an average yearly growth rate of 20%.
The amount financed increased from $300 million in 2011 to $500 million in 2012, with expectations reaching $600 million by 2013.
In June 2018, Advantage Business Capital completed the acquisition of Far West Capital.