Texas Association of Business Brokers - Event Information
TABB Austin Meeting: Alternative Funding – What is it & when & how it Helps!
Join us Tuesday June 15 12:00-1:00 via Zoom for this month's TABB Austin meeting.
I will be taking over for Lou arranging the monthly TABB meetings, you will notice a different look to the monthly emails. Please RSVP to Kelli.firstname.lastname@example.org
Business Broker/Realtor -EXP Realty
Zoom details will be sent to those that register.
TOPIC:“Alternative Funding – What is it & when & how it Helps!”
Guest Speaker: Artie Berne
Artie Berne – Owner/Founder – ArTex Funding - This is Artie's second career. Artie spent 20 years climbing the corporate ranks, culminating in the position of World-Wide VP of Sales for High Tech Fiber Optic Semiconductors companies. Artie’s team specialized in board-mounted laser transmitters/transceivers, photodetectors, and multiplexors for the telecom industry – developing datacom/telecom networks.
Subsequently, Artie was hired and mentored by Ellis Aronson of Performance Capital in Houston, Texas, where he learned about Invoice Funding (Factoring), and focused on assisting small- to medium-sized companies that had to wait 40 to 70 days to get their invoices paid.
Artie decided to go on his own and hang his own shingle in 1999 as ArTex Funding to offer the full catalog of loans against all classes of secured corporate and no asset short to medium term loans. These loans are typically used by young growing companies or companies that have been in business for a while but are having financial cash flow issues. ArTex Funding funds corporate lines of credit, term loans, factoring, “bridge loans” unsecured funding and hard money real estate loans. .
*Private Debt - Asset Based Lending *Purchase Order - Contract Funding *Loans Against Inventory *Hard Money Commercial Real Estate Funding *Conventional & Private Debt Funding - Real Estate *Buy - Lease Back - Sell Back - Equipment Funding *Equipment Funding or Leasing of Used or New Equipment *Business Lawsuit Settlement Funding *Invoice Factoring for All Industries including Medical & Construction *Loans Against IP and Patents *Loans on Minerals and Oil Royalties *Buy – Sell – Broker Real Estate and Business Notes *Turn Around Funding For Distressed Companies
WE FUND COMPANIES & PROJECTS IN TRANSITION, GROWTH OR DISTRESS
(All information provided by ArTex Funding's officers, employees, associates or subcontractors are for informational purposes only. Subject to change and this information is unaudited.)