Austin, TX, Dec. 4, 2012 – Far West Capital, a privately funded specialty finance company headquartered in Austin, today announced Jason Lippman has been promoted to Executive Vice President.
In his new role, Lippman will be responsible for the directing the firm’s national portfolio development efforts. In addition to continuing to work directly with companies seeking financing, Lippman will be responsible for leading the firm’s national business development team and expanding into additional markets.
“Jason’s experience, leadership, and expertise in the industry are essential assets to our team,” said Cole Harmonson, president and CEO of Far West Capital. “Jason is passionate and dedicated to helping entrepreneurs and businesses grow.”
Prior to joining Far West Capital, Lippman founded HomeTex Enterprises, LLC, a real estate investment, brokerage and property management company, in 2005 and continues to manage a diversified portfolio of residential real estate investments in Texas. Lippman also co-founded and was CEO of Mirabella Estates, an exclusive alternative to second home ownership for high net worth individuals. Mirabella Estates was developed, launched and then sold after only 11 months to category leader Exclusive Resorts. Lippman also served as the Chief Financial Officer for Internet start-up Mall.com and was principally responsible for raising more than $7.5mm in equity capital. Prior to his entrepreneur experiences, Lippman worked as a Senior Manager at Arthur Andersen in their business consulting division, focusing on strategic cost saving initiatives for Fortune 500 companies.
Lippman is currently a member of The Entrepreneurs’ Organization (EO) Austin and is an avid ultra-runner having completed The Leadville Trail 100 Run four times.
Lippman graduated from The University of Texas at Austin with a Bachelor of Business Administration and a Master’s Degree in Professional Accounting and earned his Certified Public Accountant designation in 1995.
In 2013, Far West Capital plans to expand its presence by opening offices in San Antonio, as well as adding additional resources to its Dallas and Houston locations. Currently, Far West Capital has offices in Austin, Dallas, Houston and El Paso.
About Far West Capital
Far West Capital is a privately funded specialty finance company headquartered in Austin, Texas. The company provides traditional and non-traditional financing, such as accounts receivable factoring, asset-based lending, and working capital loans, to early stage companies that have been in business less than two years; generating revenue, growth, refinance, start-up, acquisitions, and turnarounds. For more information, visit www.farwestcap.com.