Far West Capital: A Custom Financing Company

Far West Capital is a privately held custom financing company that provides a number of services including factoring of accounts receivable, inventory financing, transportation financing, asset-based lending, and purchase order financing. The company cater to clients from different industries, including construction, manufacturing, B2B services providers, wholesalers/distributors, bio-technology, staffing, and transportation.

Far West Capital was established in 2007 by Cole Harmonson and Don Stricklin in Austin, Texas. Since its foundation, the business has grown and expanded to new offices in Houston, El Paso, and Dallas in Texas, and one in Phoenix, Arizona. The company has served over 200 clients, with a reported annual growth of 20% each year. Far West Capital has already provided more than $300 million in financing in 2011 and $500 million in 2012, with a projected $600 million in financing in 2013.

As of late, Cole Harmonson sits as the president and CEO while Don Stricklin acts as the chairman