This entrepreneurial husband and wife team knew that they possessed the skill set to put the right spin on a newly acquired truck brokering business. However, as growth began to speed up, the company began to drive through its working capital. The company’s banker was forced to put the brakes on a request for a line of credit due to lack of history and aggressive growth. The banker and the company’s CPA both suggested a detour to Allied Financial. Our team recognized the traction that the company had and removed the road block to success by providing a $1,000,000 line of credit to fuel the tremendous growth. Another WIN, WIN, WIN
The Right Prescription
Having started his own IT consulting firm specializing in the healthcare industry, this industry veteran began to feel the stress of running his company without adequate working capital. The owner requested a financial checkup from the company’s banker. The banker was only able to get a modest line approved which proved to be a temporary band aid for the cash flow needs of the company. The small line was a tough pill to swallow for the business owner. Knowing that Allied had the right prescription for the company, the banker referred the entrepreneur to us. Within an hour of our first meeting, Allied approved a $400,000 revolving line of credit which provided much relief to our new borrower. The banker retained the remainder of the relationship!
Send us your turn downs, and let us help you ADD DEPOSITS while WE TAKE THE CREDIT RISK
We finance SERVICE COMPANIES, MANUFACTURERS, DISTRIBUTORS, AND CONTRACTORS.
CREDIT LINES FROM $25,000 TO $2,000,000 FOR ALL TYPES OF COMPANIES.