Being awarded the two largest contracts in the company’s history threw a monkey wrench into the cash flow plans of this project engineering company. The entrepreneurs consulted with the company’s long-term banker with a proposal for a credit line. Due to a lack of profitable history, poor personal credit, and progress billings, the banker was forced to decline the request. Building on her previous experience with Allied Financial, the banker re-routed management to us. We structured a $500,000 working capital facility, which allowed management to move full speed ahead with the new contracts. The banker was thrilled to offer a solution and to keep the depository relationship.
And
With payroll looming, the owner of this IT Consulting Company, who happened to be living outside of Atlanta at the time, approached an Atlanta banker with a request for a line of credit. With less than one year in business, the banker was forced to short circuit the request. Not wanting to completely shut all systems down, the banker referred the business owner to Allied. We rebooted the owner’s spirits by approving a $150,000 line of credit just in time for payroll. The banker received praise for aligning this customer with the right financial partner – another Win!
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We can finance SERVICE COMPANIES, MANUFACTURERS, DISTRIBUTORS, AND CONTRACTORS.
CREDIT LINES FROM $25,000 TO $1,500,000 FOR ALL TYPES OF COMPANIES.